US
Glanbia sees good first quarter for 2020
Glanbia, the global nutrition group, has issued an interim management statement for the three-month period ended 4 April 2020. This statement was issued in conjunction with the company’s annual general meeting, which was held as a closed meeting.
It’s about transport
Late last week, both the US and the UK announced dairy assistance schemes. In the UK, Dairy UK and the Agricultural and Horticultural Development Board (AHDB) are working together to bring the industry together to identify spare processing capacity, how to stimulate demand and how production could be temporarily reduced.
US begins assistance programme for dairy
The Coronavirus Food Assistance Program was announced in the US last week. It is an important first step that begins to bring much-needed relief to the US dairy industry, according to Michael Dykes, president and CEO of the US International Dairy Foods Association.
US dairy suffers but will bounce back, Vilsack says
In recent interviews, US Dairy Export Council (USDEC) president and CEO Tom Vilsack did not sugarcoat the negative impact Covid-19 is having on the US dairy industry, but he also expressed confidence that exports will bounce back with creative innovation.
Dumping of milk and effort
Any time you hear about a dairy farmer dumping their milk instead of having it sent off for processing, it is sad. All that time and effort on the part of the famers, their staff and their cows, just going down into the slurry pit.
Emmi Landquart tops 100 million litres
The Emmi cheese dairy in Landquart, which has always specialised in raclette cheese, broke the 100 million litres mark in 2019. The success is due to the increasing demand for raclette in Switzerland and the great popularity of Swiss cheese in the US. When the Landquart cheese factory was built in 1993, the focus was […]
Bord Bia highlights butter, cheese growth in export report
Bord Bia’s Export Performance and Prospects report 2019/2020 by the Minister for Agriculture, Food and the Marine, Michael Creed, TD, reveals a stand out 2019 performance by Ireland’s food, drink and horticulture industry as exports reached €13bn in 2019 (2018: €12.1bn) for the first time. This is the highest level of exports in Bord Bia’s […]
Somerdale sees record sales in US
Somerdale International’s US sales of gBritish cheese are on course to reach the $25 million (€22.1m) mark for the year to the end of March 2020, up 17% year on year.
Coca-Cola acquires remaining stake in fairlife in US
The Coca-Cola Company has acquired the remaining stake in fairlife LLC from its joint venture partner Select Milk Producers. Coca-Cola now owns 100% of fairlife, up from its previous 42.5% minority stake.
The evolving dynamics
At first glance, the recent travails of Dean Foods and Borden Dairy in the US appear to be a grim toll for dairy. Two large processors filing for bankruptcy is a sign of things going wrong, the idea goes.
FDA issues guidance on new nutrition labelling
The Food and Drug Administration has issued additional information to help manufacturers of packaged foods comply with the latest regulations on Nutrition Facts labelling in the US.
RPM acquires Profile Food Ingredients
RPM International has announced that its Mantrose-Haeuser business has acquired Profile Food Ingredients, a manufacturer of dry stabiliser and emulsifier blends for the food industry.
UDEC commends USMCA agreement
The US dairy industry commended the White House and Congress for reaching a deal on the United States-Mexico-Canada Agreement (USMCA) and urged lawmakers to vote swiftly on legislation implementing the trade pact.
Nestlé sells US ice cream business to Froneri
Nestlé is selling its US ice cream business to Froneri, an ice cream-focused joint venture Nestlé created in 2016 with PAI Partners, for a transaction value of US$4 billion (€3.6bn).