Bank of China Agrees Landmark Chinese Facility with Fonterra
22:52 | 21/12/2016
NEW ZEALAND - Bank of China has signed a landmark agreement with Fonterra consistent with both organisations’ on-going commitment to building New Zealand business interests in China. Bank of China New Zealand and the Co-operative have established a RMB 1.5 billion (NZ$300 million) multi-currency bank facility including a Chinese currency component.
Dairy Crest Announces Milk Price Increase in January 2017
10:09 | 11/12/2016
UK - Dairy Crest has announced a 2ppl increase from 1 January 2017 followed by a further 2ppl increase from 1 February 2017. This has been agreed with Dairy Crest Direct (DCD).
First Milk Confirms Price Increases for December
20:56 | 06/12/2016
UK - First Milk, a major dairy company, has confirmed an increase in prices in December.
Müller to Raise Milk Prices Further in January
21:51 | 02/12/2016
UK - Müller will start the new year by adding a further 2.5ppl to the milk price it offers farmers, building on its 2ppl uplift which takes effect from 1 December.
EU Releasing Some Milk Powder from Intervention Stocks
20:44 | 25/11/2016
EU - A tender procedure to release the first amounts (22,150 tonnes) of skimmed milk powder (SMP) out of public intervention stocks will open this Friday 25 November following a vote by Member States on the Commission's proposal.
Over Sixties Offer Opportunities for Dairy Market Growth
18:32 | 21/11/2016
UK - A recent report by Tetra Pak identified the potential for market growth in dairy products aimed at consumers over the age of 60, according to UK levy board AHDB Dairy.
Global Dairy Trade Prices Ramp Up
11:31 | 05/11/2016
GLOBAL - The overall Price Index at the Global Dairy Trade (GDT) auction climbed 11.4 per cent this week, its largest increase since August, according to UK levy board AHDB Dairy.
EU Market Access Vital for UK Dairy Exports
20:46 | 17/10/2016
UK - Dairy exports have a key role to play to boost the industry and foster growth, said Dairy UK to Defra Secretary of State Andrea Leadsom in a special meeting last week.
US Government to Purchase Surplus Cheese
19:52 | 12/10/2016
US - Following a roundtable discussion with dairy producers, Agriculture Secretary Tom Vilsack announced that the US Department of Agriculture (USDA) is offering to purchase $20 million of cheddar cheese.
Dairy Price Jump Fuels Global Food Price Rise
22:48 | 11/10/2016
GLOBAL - Lower prices for staple grains were more than offset by rising sugar and dairy prices in this month's Food Price Index from the UN's Food and Agriculture Organisation (FAO).
