Dairy

China's Yili Scraps $667 Million Milk Deal; Shengmu Drops

Inner Mongolia Yili Industrial Group Co. terminated a planned 4.6 billion yuan ($667 million) purchase of a stake in China Shengmu Organic Milk Ltd. becaus...

Glanbia Sees Reported Revenue Rise By 7% In Q1

Irish dairy firm Glanbia has seen its wholly owned revenue increase 7.0% on a reported basis in the first quarter of its financial year. Revenue was up 4.7...

Danone Slides as Analysts Fume Over WhiteWave Deal Reporting

Danone shares fell after the world’s largest yoghurt maker reported the third consecutive quarterly drop in volume and irked analysts by saying it wi...

Italian Dairy Exports Rose 92% Between 2006 And 2016, Study Finds

Italian dairy product exports have risen by 92% in the period 2006-2016, compared to a 72% rise for total Italian agri-food exports. This result has bee...

Dairy Giant Fonterra Sees First Half Revenue Up 5%

Fonterra, the world's largest dairy co-operative, has posted a revenue increase of 5% to NZD 9.2 billion in the first half of its financial year, according...

Russia's Dixy Group Unveils Private-Label Products In Eco-Friendly Packaging

Russian retailer Dixy Group has unveiled a range of dairy products packaged in environmentally friendly packaging that is FSC certified. The packaging f...