Author: DC Team

YuanShengTai Dairy Farm Limited has seen a 27% surge in its share price in the last month, reflecting strong revenue growth, yet analysts express caution due to its low price-to-sales (P/S) ratio of 0.2x compared to the industry median of 0.5x, indicating potential risks ahead. YuanShengTai Dairy Farm Limited (HKG:1431), a prominent player in the dairy industry, has recently witnessed a remarkable 27% increase in its share price over the past month. Known for its innovative practices and commitment to quality, YuanShengTai is one of the leading dairy farming enterprises in China, focusing on producing high-quality milk and dairy products.…

GCMMF, the cooperative behind Amul, announced a turnover of $7 billion for the 2023-24 fiscal year, reflecting an 8% growth and reinforcing Amul’s position as the strongest food and dairy brand in the world during its 50th anniversary. The Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), renowned for its Amul brand, announced a significant milestone during its 50th Annual General Meeting (AGM), revealing an impressive turnover of approximately $7 billion for the financial year 2023-24. This marks an 8% growth compared to the previous year, solidifying Amul’s status as the world’s strongest food and dairy brand. GCMMF Chairman Shamalbhai Patel…

The trend of declining margins for U.S. dairy farmers is seeing a positive shift as rising dairy and milk prices begin to reverse years of diminishing producer profits. According to the U.S. Department of Agriculture (USDA) in its September outlook report, this turnaround is attributed to decreased production levels and falling costs for essential animal feed, including maize, lucerne hay, and soybean meal. The trend of declining margins for U.S. dairy farmers is seeing a positive shift as rising dairy and milk prices begin to reverse years of diminishing producer profits. According to the U.S. Department of Agriculture (USDA) in…

The rising popularity of almond milk in the U.S. has sparked debate over its environmental sustainability, weighing its lower carbon emissions against high water usage and pesticide impacts. As almond milk continues to dominate the U.S. non-dairy milk market, questions about its environmental sustainability are becoming increasingly relevant. Many consumers, including almond milk enthusiasts, are reassessing the eco-friendliness of this popular alternative to dairy milk. Almond milk, known for its versatility in coffee, cereals, and baking, is often perceived as a greener choice compared to traditional dairy. Research indicates that dairy cows significantly contribute to greenhouse gas emissions, with the…

Odisha Cabinet, led by Chief Minister Mohan Charan Majhi, has approved the Mukhyamantri Kamdhenu Yojana, a USD 168 million (₹1,400 crore) initiative to boost dairy farming, alongside judicial reforms and the extension of OPDS. The Odisha Cabinet, led by Chief Minister Mohan Charan Majhi, has approved seven key proposals aimed at bolstering the state’s agricultural and judicial sectors. Among these is the Mukhyamantri Kamdhenu Yojana, a comprehensive initiative designed to enhance dairy development across the state. Under this new scheme, the government plans to invest over USD 168 million (₹1,400 crore) over the next five years to incentivize the rearing…

The dairy industry faces significant milk waste during equipment cleaning, with an estimated 10,000 liters discarded daily. Researchers have developed a cost-effective microchip spectrometer to monitor substances in processing pipes, potentially saving millions of liters and improving environmental performance. The dairy industry faces a critical challenge, with a significant amount of milk wasted during the cleaning of pipes at processing plants. Globally, farms are estimated to drain approximately 10,000 liters of milk daily to ensure equipment cleanliness before the next production cycle. However, a new innovation could transform this practice, potentially saving millions of liters from being discarded. Innovative Solution…

Danone Canada has announced a recall of Kirkland Signature Probiotic Yogurt sold at Costco between September 3 and September 19, 2024, due to potential health risks from yeast contamination. Consumers are advised to return affected products for a refund. Danone Canada has initiated a recall of Kirkland Signature Probiotic Yogurt sold at Costco warehouses between September 3 and September 19, 2024. This recall affects products marked with “best before” dates of October 18, 20, and 22. The yogurt, packaged in sets of 24, may contain a type of yeast that could pose health risks, particularly for individuals with compromised immune…

Rospotrebnadzor, Russia’s consumer protection agency, has imposed a ban on dairy imports from two Azerbaijani companies, Atena LLC and Azaqro-Sp LLC, effective September 30, 2024, due to significant safety violations. The decision has prompted Azerbaijani producers to assert their product quality and express readiness for inspections, while Azerbaijan explores importing Russian dairy products to meet domestic demand. Rospotrebnadzor, the Russian consumer protection agency, has announced a ban on the import of dairy products and cheeses from two prominent Azerbaijani enterprises, Atena LLC and Azaqro-Sp LLC, effective September 30, 2024. This decision follows a recent inspection conducted by Russian specialists at…

Recent findings from Ireland’s Regional Veterinary Laboratories (RVLs) indicate the presence of Schmallenberg virus (SBV) antibodies in dairy herds, linked to cases of milk drop syndrome. This situation poses significant challenges for dairy producers, as SBV can adversely affect milk production, reproductive performance, and overall animal health. The Regional Veterinary Laboratories (RVLs) in Ireland have recently detected Schmallenberg virus (SBV) antibodies in various dairy herds, correlating with cases of milk drop syndrome observed this summer. This finding raises significant concerns for dairy producers, particularly as the virus can considerably impact milk production, reproductive performance, and overall animal health. The RVLs…

Mastatest, developed by Mastaplex, is an innovative diagnostic tool that helps dairy farmers detect bovine mastitis quickly and accurately. Originating from the University of Otago, the system reduces antibiotic use and enhances herd health, while boosting farm profitability. Mastatest, developed by Mastaplex, provides dairy farmers and veterinarians with an innovative, patent-protected diagnostic tool designed for the quick and accurate detection of bovine mastitis. Originating from research conducted at the University of Otago in New Zealand, this cutting-edge system simplifies the treatment process for both clinical and subclinical mastitis, which is a leading cause of reduced milk production, higher veterinary costs,…