IKEA Will Eliminate Dairy Products from Menus by 2030

According to IKEA, it serves more than 650 million customers each year across its restaurants, cafes, and bistros. Ditching dairy to be ‘people and planet positive’ The company’s new sustainability plan, called “People and Planet Positive,” is targeting carbon emissions and resource reductions across IKEA’s operations, including a focus on more plant-based food in its […]

Drinking’ milk to stay key category for Australian dairy sector

The liquid ‘drinking’ milk market remains of key importance to Australia’s dairy sector – with improved domestic retail pricing and opportunities for further export growth – Rabobank says in a newly-released industry report. In Australia’s Drinking Milk Markets: from Loss Leader to Improving Performer, the specialist agribusiness bank says the liquid milk category – which […]

Eying To Cash In The Booming Organic Market Via Cooperatives

With estimated global organic food market to be around Rs 10 lakh crore where India’s share is paltry 2.7 per cent, the Government is eying to harness the unlimited opportunities on the platter to boost income of farmers for which it has set up a national level cooperative society for organic products. The first-of-its-kind initiative […]

Milk production surge continues in USA

On Wednesday afternoon, USDA released the most recent U.S. milk production report. Production continues to increase as the report stated that, “Milk production in the 24 major States during January totaled 18.5 billion pounds, up 1.5% from January 2022.” Production has now been up on a year-over-year basis for seven months in a row! The […]

World Dairy Innovation Awards 2021

FoodBev Media, in association with Zenith Global, presents the 2021 World Dairy Innovation Awards. Together we are once again celebrating excellence and innovation across every part of the global dairy industry. This year’s judging panel considered 222 entries from 25 countries across our 20 categories! Join us for the next 20 minutes to find out […]

Fonterra cuts milk price forecast as demand from China slackens

Fonterra has reduced and narrowed its 2022/23 season forecast to $8.20 – $8.80 per kg of milksolids, with a midpoint of $8.50, due to softer demand out of China. The previous forecast was in a range of $8.50 – $9.50 per kgMS, with a midpoint of $9.00. The co-op has also cut its forecast milk […]

Soy, oat, almond, others can be called milk, FDA proposes

Soy, oat, almond and other drinks that bill themselves as “milk” can keep using the name, according to draft federal rules released Wednesday. Food and Drug Administration officials issued guidance that says plant-based beverages don’t pretend to be from dairy animals – and that U.S. consumers aren’t confused by the difference. Dairy producers for years have called for the […]

Dairy industry’s proposal to increase milk price by Rs 10 per liter

The dairy industry has proposed increasing the price of milk by 10 rupees per liter. According to the Nepal Dairy Association, it has proposed increasing the price of milk by 10 rupees per liter based on the production cost of milk. The proposal has been sent to the Cabinet. Every year, the National Dairy Development […]

Global dairy prices goes down by 1.5%

Global Dairy Trade Event 326 concluded with the GDT Price Index down 1.5% and average price closed at USD 3414 per Metric ton. A total trade of 30693 MT of dairy commodities was carried out during this event. The price of various commodities are as follows : AMF index down 2.6%, average price US$5,447/MT Butter index up 3.8%, […]

Indian dairy industry vision 2030 Seminar full proceedings

A national seminar on ‘Indian Dairy Industry—Vision 2030’ was held in Kerala recently in connection with ‘Ksheera Sangamam 2023’ organised by the Kerala Dairy Development department. https://youtu.be/pjy4DtrEerg Presiding over the seminar, Animal Husbandry and Dairy Development Minister J. Chinchurani said the efforts of the State government and Milma in assuring a stable price for farmers […]