Dairy

Parmalat Sees Sales Down 2.4% In First Nine Months Of The Year

Italian dairy giant Parmalat has seen its net revenue decline by 2.4% to €4.63 billion in the first nine months of the year, driven by low milk prices...

Irish Dairy Firm Ornua Expands With Purchase Of US Ingredients Business

Irish dairy firm Ornua has completed the purchase of the CoreFX Ingredients division of Illinois-based dairy ingredients firm MCT Dairies, including a powd...

Dairy Giant Glanbia Sees Revenues Up 2.4% In First Nine Months Of Year

Dairy and nutrition giant Glanbia has seen its wholly owned revenues grow by 2.4% on a constant currency basis in the first nine months of the year, compar...

China Is Going The Extra 5,300 Miles For Fresh Tasmania Milk

China’s path to food security is taking a big swing to the south. In fact, 5,300 miles down to Tasmania, the dairy-hungry nation’s newest sourc...

Yili Surges On $680 Million Stake Buy In Shengmu Organic Milk

Inner Mongolia Yili Industrial Group Co. jumped by the trading limit after the company said it would acquire a 4.6 billion yuan ($680 million) stake in Chi...

Portugal More Than Doubles Milk Production In Period Since 1980

Portugal has more than doubled its milk production since the start of the 1980s, going from 970,000 tonnes in 1980 to two million tonnes in 2015, according...

Dairy Exports Present A ‘Huge Opportunity’ For UK Industry

Dairy UK, a group that represents the dairy industry in the UK, has asked the British government to put in place structures to boost exports, which it says...

Biggest Dairy Surge In 7 Years Extends Global Food-Price Rally

The biggest surge in dairy costs in almost seven years and a rally in sugar helped boost global food prices to the highest in 18 months. The United Nati...