Arla sees positive second half
Arla Foods has released its 2016 half-year results announcing strategic branded sales grew 6.1% in the first half of 2016, although decreasing market prices in Europe negatively affected revenue to €4.9 billion, a decrease of 5.3%.
FoodDrinkEurope reports small increase
In its Economic Bulletin for Q1 2016, FoodDrinkEurope reports that EU food and drink industry production increased by 0.5% and hence reversed the downward trend of the previous quarter.
Fonterra raises milk price
Fonterra has increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS, noting that current global milk prices remain at unrealistically low levels, but have started to improve.
Fi Asia just three weeks away
The 21st edition of Food ingredients (Fi) Asia will take place from 21-23 September 2016 in Jakarta, Indonesia, with over 15,000 visitors and 650 exhibitors expected from 40 countries.
Arla raises milk price
The Arla Foods amba on-account price for conventional milk will increase by 1.25 eurocents per kilogramme (1.01pence per kg), from 1 September.
Fonterra invests $6.2m in spreads
Fonterra Australia says it continues to invest in the future of Australian dairy, with a $6.2 million investment to expand the coolroom at its Cobden Spreads plant, home of its Western Star brand.
RSPO certifies largest ever group
Smallholder Support Fund, a group of more than 2,700 independent smallholders covering 5,500 hectares in South Sumatra, Indonesia, has received RSPO certification, making it the world’s largest individual group of independent smallholders to be certifi...
Packaged Facts reports on breakfast trends
Despite food industry trends favouring healthy, gluten-free, and portable products, Packaged Facts' report “Breakfast: Retail Market Trends and Opportunities in the U.S.” reveals that more than half of U.S. households (60%) use waffle/pancake mix.
Dairy alternatives to reach $35 billion
The dairy alternatives market is expected to reach $35.06 billion by 2024, according to a new report by Grand View Research, driven by rising consumer awareness of health issues and increasing cases of lactose intolerance.