Latest news in the food and nutraceutical industry
Dairy
Fonterra forecasts milk price rise
30 May 2016
Fonterra has announced an opening forecast Farmgate Milk Price of NZ$4.25 per kgMS for the 2016/17 season, an increase of 35 cents on the forecast for the current season.
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Greenfields cautions on butter price
27 May 2016
According to Greenfields Ingredients, manufacturers of ready meals, bakery products and confectionery face higher prices for butter after a surprise rally on global commodity markets.
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DSM optimises quark cultures
25 May 2016
DSM says it has optimised its DelvoFresh range of quark cultures to address consumer demands for smoother, creamier quark with a mild flavour and contribute to faster and more efficient production.
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Arla opens Senegal facility
23 May 2016
Arla’s new Dano milk powder packaging facility has been officially opened in Dakar, capital of Senegal which the company sees as a significant gateway to further expansion in the West African region.
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Dannon reports nutrition commitment progress
20 May 2016
Dannon has announced what it describes as substantial progress across all four components of its nutrition commitment to the Partnership for a Healthier America (PHA).
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Arla to incentivise GM-free
19 May 2016
Farmer-owned Arla has taken the decision to start to incentivise more farmers to convert to GM-free feed. The market is increasingly willing to pay a price premium, the company says, and Arla believes it is in a favourable position to capture this new ...
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DuPont launches HOWARU Protect EarlyLife
18 May 2016
DuPont Nutrition & Health is launching a new, clinically tested probiotic, HOWARU Protect EarlyLife, as part of its premium ingredient range. It has been formulated specifically for expectant mothers and their infants.
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Fonterra lowers farmgate milk price
13 May 2016
Fonterra Australia has revised its farmgate milk price, meaning that the full 2015/16 season price will be reduced from A$5.60 per kgMS to A$5.00 per kgMS.
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Fonterra sets organic milk price
12 May 2016
Following Fonterra’s recent announcement that it plans to introduce a market-linked organic milk price for its organic milk farmers, it has forecast an opening market-linked organic milk price of $9.20 per kg milk solids for the 2016/17 season.
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Kerry sees 2.9% growth
2 May 2016
Kerry has issued an Interim Management Statement for the first quarter ended 31 March 2016. The company reported 2.9% growth in business volumes, with Taste & Nutrition up 3.1% and Consumer Foods up 2.1%.
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Nestlé, R&R to create Froneri
2 May 2016
Nestlé and UK ice cream company R&R have agreed to set up Froneri, a joint venture with sales of around CHF2.7 billion in over 20 countries employing about 15,000 people.
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Dannon makes 3-part pledge
2 May 2016
Dannon has announced a pledge to its farmers, retail customers and consumers to further improve sustainable agriculture practices for its milk supply, to increase transparency for its portfolio of products and evolve to more natural and fewer ingredien...
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