Global Dairy Trade index up slightly at an average of 3610 USD per MT
The latest Global Dairy Trade (GDT) event has concluded with the GDT price index up 0.6%. The average price was $3,610/MT with 29,570MT of product sold at today’s (Tuesday, December 6) event. There were 118 winning bidders, out of a total of 156 participating bidders at the event, across 17 bidding rounds lasting two hours…
Ancient carbon trick could reduce dairy emissions by 84%
Biochar has been used by farmers around the world for millennia – but it could offer a way for dairies to reduce their problematic carbon emissions. Biochar is a charcoal-like substance which is produced by burning vegetable matter in a controlled process called pyrolysis which releases little to no fumes. Biochar captures carbon into a stable…
Leading innovators in dairy protein modification for the consumer industry
The consumer industry continues to be a hotbed of innovation, with activity driven by health and wellness, convenience, and the growing importance of plant-based/alternative proteins, food safety and transparency, and personalised nutrition. In the last three years alone, there have been over 450,000 patents filed and granted in the consumer industry, according to GlobalData’s report…
Fonterra and Nestlé partner to create net zero carbon emissions dairy farm
The partnership hopes to achieve a “New Zealand first” – a commercially viable net zero carbon emissions dairy farm. The five-year project will be run with co-partner Dairy Trust Taranaki and will examine all aspects of the 290-hectare farm’s operations to reduce carbon. The initiative aims to cut emissions by 30% by mid-2027, with a…
Perfect Day Expands Global Footprint :Owned Manufacturing Cap in India
Perfect Day, Inc. today announces a deepening of its global vision and production prowess with two critical steps in India—a critical market for the company to scale its production capacity, extend its kinder, greener impact, and add top caliber talent to its team. The Food Safety and Standards Authority of India has approved the company’s…
Further price increases pose threat to UK meat and dairy demand – AHDB
Nine in 10 consumers have noticed the price of food increasing in supermarkets, with 62% concerned about food costs (AHDB/ Blue Marble Trust Research 2022), according to AHDB Senior Retail Insight Manager Kim Heath. This will come as no surprise as food and non-alcoholic beverage inflation hit 14.6% in September (ONS). Economics dictates that as a general…
Prinova Europe launches new natural antimicrobial preservative
Prinova Europe is launching a potent new plant-based antimicrobial that inhibits the growth of yeasts, moulds, and bacteria, addressing the increasing demand for natural preservatives. PlantGuard ™ AM is the latest addition to the company’s botanical-derived range of preservatives, which enable manufacturers to use natural clean-label solutions to minimise food waste. The portfolio will make its first live show…
Less burping, more meat and milk: How to tackle the climate crisis
Africa’s livestock farmers are at the forefront of climate change. Images of parched landscapes littered with the carcasses of starved cattle are becoming all too familiar as droughts increase in frequency and severity. But cattle farming globally is also one of the causes of climate change. The world’s three billion or more ruminants – cattle,…
CUVET’s “Saraburi Premium Thai Milk” Business Model
The program hopes to increase Thai farmers’ competitive edge in order to address the looming threat of the Free Trade agreement (FTA) that will go into full effect in 2025 and reduce the economic impacts of the COVID-19 pandemic. Farmers have the opportunity to generate more income by producing high-quality raw milk and enhancing their…
Australia’s Dairy Problems Persist due to drought, heat and labour issues
Once a powerhouse on the global dairy trade circuit, Australia’s dairy industry has been contracting due to successive long-term droughts, numerous heat events, and an ongoing labor crisis. According to recent article in Bloomberg, Australia’s share of the world export market dropped from 18% in the 1990s to about 6% in 2018 as Australian producers…