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Dairy

News headlines

Fonterra issues 2014 profit warning citing dairy price drop

Fonterra expects its 2014 operating profit, impacted by falling global dairy prices, to come in at the "lower end" of its forecast.

Russian dairy Galactika and Indian coop Amul hold export talks: Reports

Indian cooperative Amul and Russian dairy Galactika have reportedly begun trade talks that if successful will see the export of Gujarati cheese and milk powder to Russia.  

News in brief

Beingmate launches UHT milk with Enzymotec cognitive boost in China

Chinese infant formula manufacturer Beingmate has launched a phosphatidylserine (PS)-enriched UHT milk developed in cooperation with Enzymotec to support child brain health and development.

Arla pours €38m into facility to meet whey demand

Dairy giant Arla's ingredients business is building a new whey processing facility for €38m to meet rising demand for the dairy fraction in infant, sports and clinical nutrition.

Australian milk market share could increase 'north of 10%': a2 Milk Company

The a2 Milk Company believes its share of the Australian fresh milk market could increase “north of 10%” in the next 12 months.

India

Report suggests India’s baby food market is set to soar

A combination of demographic, social and economic factors is helping grow India’s baby food market, which is set to cross the US$250m mark in 2014, a new report has said. 

News in brief

Australian dairy industry calls for selfies to raise FTA awareness

New Zealand’s dairy industry is milking its Australian counterpart out of A$30m a year, according to a dairy farming lobby group that is calling for a free-trade agreement to level the playing field.

Fonterra and Beingmate unveil China infant formula partnership

Fonterra is prepared to pay NZ$615m (US$514m, €390m) for a 20% stake in Chinese baby food manufacturer Beingmate in its latest attempt to expand its presence in China’s lucrative infant formula market.

Chinese retailer introduces infant formula recall insurance

Chinese retailer Suning Redbaby has reportedly begun offering an infant formula insurance policy that compensates customers in the event of a recall.

Hershey suspends US flavored milk shipments to China

Shipments of Hershey’s brand flavored milk to China have been suspended after a consignment found to contain unapproved ingredients was destroyed.

News in brief

Nestlé Philippines recalls infant formula over absent fatty acids

Nestlé has recalled a batch of NAN brand infant formula in the Philippines after internal tests discovered products did not contain fatty acids specified on the label.

'Positive association' between A1 protein and stomach pain: Study

Australian researchers have identified a "significant positive association" between A1 beta-casein protein and abdominal pain - a finding that has been unsurprisingly welcomed by the a2 Milk Company.

China

New dairy culture sees explosive drinking yoghurt growth

For years a laggard in the dairy stakes, China is now seeing massive growth in its yoghurt drinks market largely because of significant investment and new demand for healthier drinks on the go.

DSM Q2 nutrition profits slip 11% as key markets struggle

Sales slipped 6% and net profits 11% in Q2 for DSM’s human and animal nutrition arm as adverse currency movements, a slow US vitamins and omega-3 food supplements market and the Asian botulism infant formula scare affected earnings.

Breast is best: Punjab gov sets new infant formula labelling rules

Labelling of infant formula sold in the Pakistani department of Punjab must now include the warning “mother’s milk is the best food for your baby and helps in preventing diarrhoea and other illnesses,” according to new prohibition and guidance rules released by the region’s government.

Aussie dairies jumping on A2 protein bandwagon to 'cream consumers': Choice

Australian consumer group Choice has blasted dairies Down Under for attempting to milk the public using health claims relating to A2 beta casein protein. 

Malaysia

Chobani to hit Malaysian shelves as yoghurt demand grows in SE Asia

Chobani, America’s top-selling brand of strained yogurt that has been gaining a massive global following through its slick marketing, will soon be available in Malaysia.

News in brief

NZ opens up infant formula specifications for discussion

New Zealand’s Ministry for Primary Industries (MPI) has called on the food industry and interested parties to provide feedback on its proposed specifications for the manufacturing of infant formula.

Fonterra slashes FGMP forecast citing 'continuing volatilty'

Fonterra has reduced its farmgate milk price (FGMP) forecast for the 2014/15 to NZ$6.00 (US$5.11, €3.80) per kg of milk solids (kgMs), citing "continuing volatility."

News in brief

Brownes Dairy fined AU$100k for Australian waterway milk pollution

Western Australia's Brownes Dairy has been fined AU$100,000 (US$94,000, €70,000) over a major spill of unprocessed milk into a waterway.

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