Arla will probably undertake further restructuring as it strives to become more competitive

EU approval of Wellmune could deliver unprecedented commercial opportunities

Kraft decides to refocus its efforts on innovating new products for the Athenos brand

Good performances from its American cheese and global nutritionals business saw Glanbia post positive results for 2011

Improves sales and enhanced margins helped Indian bakery and dairy firm Britannia Industries to deliver a 45% increase in Q3 profits.

by Lynda Searby

Dairy is amongst the UK's most profitable farming sectors after record milk prices and strong international values benefited producers.

Singapore-based commodity trader Olam International will become the first overseas investor in Russian raw milk production after announcing plans to invest $475 million in Rusmolco.

Fonterra has branded proposed changes to New Zealand's Raw Milk Regulations as "a nonsense" in a scathing attack on the Government.

One of the biggest single investment areas in 2012 will be at Arla Foods Ingredients

Consumers turn their backs on traditional dairy beverages in favour of non-traditional soy and almond milk

Baby formula made by Belgium-based manufacturer FASSKA has been linked to an outbreak of salmonella in Russia, prompting an investigation by authorities in both countries

Glanbia has revealed plans to spend $15 million on a new corporate headquarters for its cheese operations in the US at a site in Twin Falls, Idaho.

Vietnamese producer Vinamilk has set its sights on international expansion after the company revealed plans to begin exporting dairy products to Thailand off-the-back of strong growth in 2011.

Dairy prices have ecovered on Fonterra's latest GlobalDairyTrade auction after more than two months of decline.

Demand in emerging markets has helped smash dairy export records in the US and New Zealand 2011.

Almarai has posted a solid increase in Q4 sales but profits were only up 0.6% after Saudi Arabia's largest dairy firm was hit by higher raw material costs.

UK food manufacturer Premier Foods will make 600 redundancies in a bid to save £40 million as the company struggles to keep on top of its £850 million debt pile.

Molvest agreement alone is expected to double Arla's turnover in Russia before the end of 2015

German group Müller has agreed to acquire Robert Wiseman Dairies in a £279.5 million deal, leading to another surge in the Scottish dairy's share price