GDT price index records first decline since March 2024
The Global Dairy Trade (GDT) price index has recorded its first decline since March 2024, falling by 0.5% at the latest trading event held today (Tuesday, June 18). The price index now stands at 1,15...Read More
Fonterra puts its Australian dairy assets up for sale
Fonterra has put its Australian business, a major supplier of milk, up for sale in a move that has farmers concerned about shrinking competition in the processing sector. The New Zealand-based dai...Read More
Cereals, dairy prices push FAO food price index up in May
Global food commodity prices rose for a third consecutive month in May due to increases in the prices of cereals and dairy products. The FAO Food Price Index, which tracks monthly changes in the i...Read More
Modest increase in GDT price index after latest auction
The average Global Dairy Trade (GDT) price index rose by 1.7% according to latest auction results published today (Tuesday, June 4). There were a total of 164 bidders in the event which saw 17,637MTo...Read More
Dairy foods are making a comeback
Once widely accepted as a necessary staple for growing children, dairy foods have faced concern over fat and sugar content and pressure from a range of plant-based beverages perceived as healthy an...Read More
FDA Approves Elanco’s New, First-in-Class Methane-Reducing Feed Ingredient
Elanco Animal Health Incorporated recently announced that the FDA has completed its comprehensive, multi-year review of Bovaer® (3-NOP), a first-in-class methane-reducing feed ingredient, and determin...Read More
NewMoo Creates Casein in Plants for Crafting Moo-Free Cheese
Food-tech start-up NewMoo, Ltd. makes its debut in the “happy cow” space by using plant molecular farming (PMF) to produce casein proteins for making cheese. Caseins comprise about 80% of the proteins...Read More
European dairy farmers wheel plaster cows through Brussels to demand 'fair' milk prices
European dairy farmers took to the streets of Brussels with their tractors on Monday calling for better income for their produce. Farmers demonstrated under the slogan "Fair income for farmers now."...Read More
US dairy cows are tip of the iceberg as bird flu spreads in mammals globally, says ecologist
Health authorities are working to gather information on the spread of the H5N1 virus, or bird flu, in U.S. dairy cows—the first confirmation of the virus in cattle. "We have moved into new territo...Read More
Gen Z leads the trend in dairy consumption
Gen Z consumers, or those born between 1995 and 2009, are leading the trend in dairy product consumption in China, and those young consumers care about the functions and qualities of dairy products, a...Read More
Global dairy outlook is positive, says Rabobank :Searching for Equilibrium
The global dairy market may experience a slower price recovery than previously anticipated, particularly as China shows a reduced need for dairy imports, Rabobank says in recently-released sector rese...Read More
Indonesia's free school lunch and milk policy a 'significant' opportunity for Australian farmers
Australia's dairy industry is licking its lips at the prospect of increased demand from Indonesia. One of the key policies for Indonesia's president-elect, Prabowo Subianto, is to provide free lunches...Read More