Michigan Dairy Farmers slated to Transforming Milk Into Fuel
Asking a gas station clerk if they’ve got milk is about to take on an entirely different meaning in the Great Lake State. That’s because the Michigan Milk Producers Association (MMPA) is teaming up with a Canadian Distillery to transform the lactose-laden byproducts of the local dairy industry into ethanol fuel for vehicles. The MMPA announced its…
China’s continued absence from dairy market weighs on milk prices
China’s continued absence from the dairy market is continuing to undermine a recovery in milk prices. Despite this, both IFA and ICMSA have warned milk processors that farmers cannot afford any further cuts to milk price and believe the market has recovered. It comes as Ornua said its returns declined again in May based of…
Milk price cuts could halve dairy farm incomes in 2023
A sharp reduction in milk prices and very high production costs could see dairy farm incomes halved in 2023, compared to the very high levels last year. The family farm income (FFI) for Irish dairy farmers increased by 53% to an average of €150,884 last year, which was driven by a significant rise in milk…
Time to privatize Dairy Development Corporation(DDC) in nepal
In an agricultural country like Nepal, where 66% of the population are farmers, and livestock covers 32% of agricultural GDP, one would expect the dairy industry to flourish as a testament to their toil. Yet, reality paints a different picture, revealing a disheartening tale of missed opportunities and untapped potential. The Milk Industry in Nepal…
Global milk production still ‘growing’ – Rabobank : Agriland
There is likely to be lower milk production in the EU and the US during 2023 which could “stabilise” global market prices, according to a new report from Rabobank. Overall global milk production is still rising but, according to the bank, it is “losing momentum”. In its latest Global Dairy Quarterly report, Rabobank also warned that there are signs…
World Dairy Innovation Awards 2023 :Shortlist announced
We are excited to announce the shortlist for the World Dairy Innovation Awards 2023 . With new innovation categories this year, the judges had a tough time selecting the shortlisted entries for each category. In the dairy product categories, we have some outstanding contenders, including plant-based milk alternatives, strong advancements in children and infant formulas and health…
Challenges of Dairy industry in Bangladesh
World Milk Day was observed across the world, including in Bangladesh on June 1. It is an international day established by United Nation’s Food and Agriculture Organization (FAO) to recognize the importance of milk as a nutrient-rich food and to celebrate the dairy sector. Being observed on June 1 each year since 2001, the day…
Carbon insetting vs carbon offsetting: what you should know
The UK government strategy for reaching net zero by 2050 is ever more at the forefront of discussion within the agricultural industry, particularly with the NFU setting its own targets for achieving net zero by 2040 in England and Wales. Net zero means not adding to the amount of greenhouse gas (GHGs) emitted into the atmosphere. It involves reducing…
M&S removes use-by dates from milk to reduce waste
Marks & Spencer has become the latest big retail name to remove use-by dates from its fresh milk in an attempt to prevent millions of pints that are still safe to consume being poured away. With milk ranking as the third most wasted food in UK homes after potatoes and bread, M&S will encourage customers…
Global dairy price index tumbles down again by 0.9%
Global Dairy Trade Event 333 concluded with the GDT Price Index down 0.9% on June 6th 2023. It has been second consecutive fall by almost the same magnitude of 0.9%. Apart from Cheese which is showing a strong growth no other commodities could impress with prices. Key Results AMF index up 1.8%, average price US$4,728/MT Butter index up…