Latest News in the food Industry
Dairy

Arla reports results, sees "rare stability"
2 Sep 2019
Arla has reported that the first half of 2019 saw a rare stability in the otherwise volatile global dairy market, resulting in stable prepaid milk prices to farmer owners across Europe.
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Hochdorf "in crisis"
21 Aug 2019
Swiss nutrition company Hochdorf says it is facing a serious crisis. The company performed significantly worse than expected in the most recent reporting period, which was mainly due to the negative performance of its 51% subsidiary Pharmalys, resultin...
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Nestlé continues to lead Global Dairy Top 20
15 Aug 2019
Rabobank has issued its 2019 Global Dairy Top 20 report. In 2018, it says, lower commodity prices, adverse weather conditions in key export markets, a strong US dollar and currency shifts have affected the combined turnover of the Global Dairy Top 20 c...
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Innova sees changes in US yogurt market
14 Aug 2019
Over half of all U.S. consumers now buy yogurt as part of their typical grocery basket, according to a new report from Innova Market Insights, but their habits appear to be evolving.
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Fonterra takes NZ$800+ million write-down
13 Aug 2019
Fonterra has reconfirmed its underlying earnings guidance for the 2019 financial year that ended on 31 July 2019 (FY19), announced a final decision on its full-year dividend for FY19, and provided further information on some significant adverse one-off...
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Fonterra trying to downgrade Beingmate relationship
9 Aug 2019
Fonterra has announced its intention to sell a portion of its stake in Beingmate Baby & Child Food Company, which is currently a shareholding of 18.8%.
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US dairy exports see first half fall
8 Aug 2019
USDEC has reported lost sales to China due to retaliatory tariffs and African swine fever, plus strong competition elsewhere from European and New Zealand suppliers, resulted in lower U.S. export volume in the first half of 2019.
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Synlait completes Talbot Forest acquisition
7 Aug 2019
Synlait has completed the acquisition of selected Talbot Forest Cheese assets.
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Hydrosol promotes Stabiprime for milk beverages
1 Aug 2019
Demand for flavoured milk beverages is seeing steady growth worldwide, notes Hydrosol, and product variety in the markets is correspondingly large.
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FrieslandCampina sees flat revenues, increased profit
30 Jul 2019
FrieslandCampina has reported its 1H19 results. Revenue was 45.7 billion, unchanged from 1H18. Operating profit increased by 18.6% to €210 million.
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DSM launches phage cultures for cheddar
23 Jul 2019
DSM has announced the launch of its new DelvoCheese CH-120 cultures, a range of phage robust cultures for young cheddar and barrel cheese.
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Brits continue to embrace plant-based milk
22 Jul 2019
From almond to oat and coconut to pea, plant-based milk alternatives are causing something of a stir, as latest research from Mintel reveals Brits are branching out in their milk tastes.
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