Because China has sufficient domestic production, it can decide to use what it makes or import dairy products, says an analyst at of INTL FCStone Financial.
At today’s Annual Dairy Outlook Conference, analyst Robert Chesler said China has the “luxury” of using its domestic milk supply or dumping it and buying imports if that is more advantageous.
You should have bought ice cream last week. This week the average price is up 8 cents to $3.07.
June 10, 2016
The USDA’s Dairy Market News reports on what retailers are advertising this week, and what they are charging for cream cheese, cheese, yogurt, milk and ice cream.
Juice beverages are a multibillion dollar industry, and according to a recent trend report from Fona International, millennials in particular are throwing back more juices as meals and snacks, and for health and hydration.
Dean Foods Co. in May said it will acquire the manufacturing and retail ice cream business of Friendly’s Ice Cream for $155 million in cash. Friendly’s is a leading ice cream brand in the Northeast, as well as a restaurant company.
Alqueria Dairy (Bogota, Colombia), Alqueria Dairy (Santa Marta, Colombia), Prairie Farms (Carlinville, Ill.) and Umpqua Dairy Products Co. (Roseburg, Ore.) took the top Quality Chekd honors in dairy excellence, plant performance and marketing, respectively, at the 2016 QCS Leadership Conference in April.
Twelve dairies have been featured in Dairy Foods magazine and on dairyfoods.com over the previous 18 months.
June 3, 2016
Dairy Foods asks the dairy industry to help it select the 2016 Plant of the Year. We have nominated 12 dairy processing plants that manufacture fluid milk, ice cream, yogurt, cheese and other dairy and nondairy products.
Brookshire Grocery Co. Manufacturing, Tyler, Texas, was named member of the year at the All Star Association’s 58th annual convention in March. Fifty-two member companies and 42 suppliers attended.
The FDA’s Mitigation Strategies to Protect Food Against Intentional Adulteration (the “food defense rule”) covers approximately 9,800 food facilities, including dairy plants.
The acquisition gives Grupo Lala a local platform for production and sales to serve the Hispanic market in the United States.
June 2, 2016
Grupo Lala said among the reasons it bought Laguna Dairy is that drinkable yogurts have been successful with major U.S. retailers and there are “firm commitments” to buy the products.