Dairy Crest is in line to meet is full year expectations, after increased sales and a fall in price paid for fuel and plastic helped drive the firm’s return to a “satisfactory level of profitability.”
An explosion in Chinese demand for dairy products in the middle of the last decade led to milk supply shortages that drove suppliers to practices such as diluting milk and add melamine to boost protein readings.
Dairygold Co-Operative, Ireland’s leading farmer owned dairy business, plans to invest EUR120m over the next eight years to boost its milk processing capacity.
The Irish Dairy Board (IDB) has acquired UK-based cheese ingredients firm The Cheese Warehouse - strengthening its position in the country’s ingredients sector.
Chinese authorities have issued an apology to Mead Johnson Nutrition, admitting that media reports questioning the safety of its infant formula were based on invalid test results.
Cereal and milk fortified with multiple micronutrients beyond simply iron can reduce iron-deficiency anaemia in children, according to Nestlé commissioned research.
Dairy exporter Fonterra has claimed that its proposed acquisition of New Zealand Dairies’ (NZDL) Studholme processing plant will boost competition for raw milk on the country’s South Island, rather than reduce it.
Muller Quaker Dairy, a joint venture between the Theo Muller Group, a dairy processor based in Germany, and PepsiCo, Inc., plans to launch a line of value-added yogurt products in the United States this month.
May production of edible nonfat dry milk was 195,490,000 lbs, up 2% from April and up 31% from May 2011, the U.S. Department of Agriculture said in its latest Dairy Products report.
Italian dairy giant Parmalat has announced plans to close three plants in the country in an effort to improve its efficiency and compete with low-priced private label milk.
