Since April, the domestic dairy enterprises increase the price of dairy product for 3 times. Bags of milk from 1 yuan to 1.4 yuan, use for three years; but rose from 1.4 yuan to 1.8 yuan, took just three months. And the fresh milk prices ...
Tags: Milk, Agriculture, Food, Dairy Products
Chinese consumers can expect higher dairy prices in December because of a shrinking supply of raw milk from the country's fragmented milk farms. Most domestic dairy companies put up prices last week, ranging from five to 20 percent. This ...
Tags: Milk Powder, Dairy Products
Murray Goulburn Co-operative (MG) and Bega Cheese have revised their takeover offers for Warrnambool Cheese & Butter (WCB). As per the terms, MG offered to pay A$9 per share of WCB, valuing the Victorian dairy firm at A$505m. Bega ...
Tags: Murray Goulburn, Food
Dairy giant Arla has doubled profits for the first half of its financial year, amid news the two mergers it undertook in 2012 were paying off. Arla delivered capacity cost savings of £57M on an annual basis Arla announced its ...
Tags: Agriculture, Food, Dairy
Dairy Crest is poised for UK growth after the sale of its French spreads business, chief executive Mark Allen has confirmed. Dairy Crest results were 'modestly ahead of expectations', said Panmure Gordon Allen said: "The sale of our ...
Tags: Agriculture, Food
The Dairy Farmers of America (DFA), a dairy-farmer cooperative that has been accused of conspiring with four other organizations to suppress milk prices paid to dairy farmers across 14 US states, has agreed to pay $158.6m to settle the ...
Tags: Dairy Farmers, milk price, Foods
Waitrose has launched a Farming Partnership initiative, which it says further demonstrates its commitment to UK farming. The Waitrose Farming Partnership is the new umbrella under which all the retailer's "agricultural farmer-focused ...
Tags: Farming Partnership, Farming, farmer, agricultural farmer
Wyke Farms has increased the price it pays farmers for milk by 5ppl and issued a stark warning to the rest of the industry that if they fail to follow suit the UK could be facing milk shortages this winter. Wyke, the UK's largest ...
Tags: Wyke Farms, milk, milk farmer, milk shortage
UK Prime Minister David Cameron has announced a GBP5m (US$7.7m) funding programme aimed at helping improve dairy farmers' competitiveness. Cameron used Prime Minister's Questions on Wednesday (11 July) to unveil the funding, which is ...
Tags: dairy, dairy industry, funding programme, dairy processors
The National Farmers Union (NFU) has blasted UK milk supplier Robert Wiseman Dairies for hitting farmers with a "catastrophic" cut in milk prices. Muller Group-owned Wiseman last week announced a 1.7ppl reduction to the price it pays ...
Tags: NFU, Robert Wiseman, milk price cut
First Milk is the latest UK milk supplier to announce a cut to its farmgate milk price in the last week. The co-op today (4 July) blamed declining returns from customers in the liquid milk market for its decision to reduce its liquid pool ...
Tags: First Milk, milk price, UK milk supplier, pool price
Morrisons is to increase what it pays to milk farmers, becoming the latest UK retailer to up its payment amid anger from suppliers. The UK's fourth-largest retailer said it would increase the premium it pays for milk and make an extra ...
Tags: milk payment, milk, dairy manufacturers, dairy
UK dairy co-op First Milk has booked an increase in full-year profits, boosted by earnings from the sale on its shareholding in Wiseman Dairies. In the year to the end of March pre-tax profits climbed to GBP13.3m (US$20.8m) from GBP7.2m ...
Tags: Pre-tax profits, First Milk, milk prices
London-listed Ukrainian dairy firm Ukrproduct has forecast "improved" half-year profits. Ukrproduct said lower prices for raw milk, higher sales of cheese and the decision to start selling traditional fermented beverage kvass helped the ...
Tags: Profit Improvement, raw milk, cheese revenues, margin outlook
UK dairy group Dairy Crest said this morning (17 July) its full-year expectations remained "unchanged" despite a "challenging" first-quarter. In its interim management statement, released ahead of today's AGM, Dairy Crest said its dairies ...
Tags: UK dairy, broad-based dairy, UK brands