WORLD DAIRY NEWS Are Low-Fat Dairy Products Really Healthier?
Scan the dairy case of any grocery store, and you’ll find rows upon rows of products with varying levels of fat. Nonfat, low-fat, whole: What’s the healthiest option? If you consult the U.S. dietary guidelines or health authorities like the American Heart Association or the World Health Organization, the answer is clear: Choose a fat-free or low-fat version. This recommendation […]
WORLD DAIRY NEWS FAO Dairy Price Index – May 2023-down by 3.2%
The FAO Dairy Price Index averaged 118.7 points in May, down 3.9 points (3.2 percent) from April and standing 25.5 points (17.7 percent) below its corresponding value in 2022. The decline in May was led by a steep drop in international cheese prices, principally due to ample export availabilities, including from inventories, amid seasonally high milk production in […]
Teagasc forecasts milk prices to fall by 15% in 2023
A resumption in global milk production will dampen demand growth and drive down milk prices by 15% in 2023, Teasgasc has forecast. In its latest Economic Outlook for Irish Agriculture report, published today (Tuesday, December 13), Teagasc highlighted the prospects for the dairy sector in 2023. Teagasc outlined in the report that 2022 had been a challenging year […]