Consumer Acceptance is Key
20:51 | 22/02/2012
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UK - Speaking from the Chair at the Dairy NPD Conference in Amsterdam last week, Dairy UK Director General Jim Begg told delegates that against a background of a positive market, innovation, new product development, and R & D must drive industry growth in the future. However, acceptance of new technologies by consumers was necessary to sustain the industry economically
Ireland Beefs up Agriculture Agreements with China
21:12 | 21/02/2012
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IRELAND and CHINA - The Irish see greater cooperation on agricultural trade as an excellent opportunity to increase their dairy and food exports to China. The message from Ireland's Agriculture Minister Simon Coveney comes as Vice-President Xi Jinping arrived in the west coast town of Shannon on last week on a three-day visit.
A Look at Global Dairy Trade
20:42 | 20/02/2012
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ANALYSIS - In 2012, China will be a key driver of global dairy demand with imports of whole milk powder forecast to grow by seven per cent, writes Charlotte Johnston, TheCattleSite editor.
Global Dairy Outlook: Attractive but Unbalanced
09:42 | 18/02/2012
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The global dairy market will offer strong growth prospects in the coming five years, but the uneven spread of this market expansion and an era of elevated pricing will create as many challenges as opportunities for key players along the dairy supply chain. This is one of the key conclusions coming out of the Rabobank Food & Agribusiness Research and Advisory report, “Global Dairy Outlook: Show me the money”.
Australia Dairy And Products Semi-Annual 2011
11:57 | 17/02/2012
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Dairy production and exports are forecast to increase in 2011 as production conditions continue to improve. This represents a turnaround in the long-term decline experienced in the dairy industry since the drought began in 2002, reports the US Foreign Agricultural Service.
Milk Supply Rises Amid Global Uncertainty
19:19 | 15/02/2012
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AUSTRALIA - Australia’s milk production is making a steady climb with total output for 2011-12 forecast to be between 9.4 and 9.5 billion litres, up on last season’s total of 9.1 billion litres, according to Dairy Australia’s Situation and Outlook February Update.
Butter Offered Below $1.40
21:43 | 14/02/2012
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US - Butter was offered 4¢ lower today without drawing a buyer off the sidelines. Today’s price settled below $1.40 for the first time in almost two years. A year ago the price was $2.0775 (see chart) . Butter futures, however, were mixed today, with second- quarter contracts settling at $1.5483, writes Alan Levitt.
Cattle Outlook: Corn/Wheat Export Forecast Raised
19:03 | 13/02/2012
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US - USDA's February supply and demand estimates raised the forecast for corn and wheat exports and lowered the expected market year ending stocks of both crops.
CME: Whey, NDM Prices Lower
23:03 | 10/02/2012
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US - Trading activity was quieter this morning in the spot auction but the dairy markets remain weak, writes Alan Levitt, in Thursday's dairy report.
Consumers Gain Access to Raw Milk Purchases
20:40 | 09/02/2012
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US - Several Eastern and Midwestern states recently ramped up legislative activity regarding the sale of raw milk for human consumption. Legislatures in Indiana, Iowa, Kentucky, Massachusetts and New Jersey are moving bills that would allow consumers to purchase raw milk directly from farms or as part of a cow-share programme, despite recent news reports highlighting the dangers of drinking unpasteurized milk.
