Author: DC Team

U.S. dairy exports to Southeast Asia have dropped despite the region’s economic growth. Key factors include increased competition from New Zealand, a strong U.S. dollar, and lack of trade agreements, impacting market share and pricing Despite strong economic growth in Southeast Asia, U.S. dairy exports to the region have experienced a decline. This downturn is surprising given the region’s expanding economies and increasing consumer purchasing power. For the first five months of 2024, exports to key markets including the Philippines, Indonesia, Vietnam, Malaysia, Thailand, and Singapore decreased by 5% to 440.7 million pounds compared to the same period in 2023.…

The U.S. dairy sector is thriving despite decreased fluid milk consumption, driven by growth in cheese, butter, and yogurt. Innovative dairy products are meeting evolving consumer demands for convenience, health, and snacking, leading to significant market expansion. Despite a decline in fluid milk consumption due to shifting consumer preferences and a trend towards plant-based alternatives, the U.S. dairy sector is thriving. The growth in cheese, butter, and yogurt, driven by new dairy-based products tailored to convenience, health, and snacking trends, is significantly contributing to market expansion. This shift underscores a move from fluid milk to other dairy segments, highlighting the…

The Global Dairy Index saw a slight increase with mixed price changes across dairy products. Cheddar cheese, anhydrous milk fat, and butter prices rose, while whole milk powder, skim milk powder, mozzarella cheese, and lactose prices fell. This volatility impacts profitability and market dynamics for dairy producers. Global Dairy Index Sees Mixed Price Trends In the most recent trading session, the Global Dairy Index experienced a modest increase, rising by 0.4% to an average price of $3,837 per metric ton. This uptick reflects varied price movements across different dairy products. Price Movements Conversely, some dairy products experienced price declines: Impact…

India’s dairy sector shines at the IDF Dairy Innovation Awards 2024 with groundbreaking entries in sustainability, animal care, and socio-economic development. Highlights include Amul’s homoeopathic medicine for animals, solar-based chillers from Asha Mahila, and high-protein milk from Gujarat Cooperative Milk Marketing Federation. The International Dairy Federation (IDF) has announced the finalists for the 2024 IDF Dairy Innovation Awards, with several Indian entries standing out for their groundbreaking contributions. The awards aim to recognize innovations in the dairy sector that improve efficiency and align with the UN Sustainable Development Goals (SDGs). Winners will be revealed during the IDF World Dairy Summit…

Ashgrove Eco-Milk™ combines rich flavor with environmental responsibility. Leveraging Tasmanian red seaweed, the milk significantly reduces methane emissions, marking a significant advancement in sustainable dairy. The product supports local Tasmanian farmers and suppliers, contributing to regional economic growth and offering a high-quality, eco-friendly choice for consumers. Ashgrove, a leading dairy producer known for its commitment to quality and sustainability, is proud to introduce Ashgrove Eco-Milk™. In a groundbreaking move towards environmental responsibility, Ashgrove Eco-Milk™ offers a refreshing blend of rich, creamy flavor with a commitment to reducing its carbon footprint. This innovative product leverages cutting-edge technology and natural ingredients to…

The landslides in Wayanad have severely impacted the dairy sector, resulting in the loss of cattle and fodder, and disrupting milk production. Ongoing relief efforts aim to assess the damage, provide support, and restore dairy farming operations in the affected area. On July 30, 2024, landslides in Wayanad district, Kerala, caused significant disruption to the local animal husbandry and dairy sectors. Preliminary assessments by the Animal Husbandry department reveal severe losses, including the death of approximately 100 heads of cattle and the destruction of 300 acres of fodder grass. The impact of the disaster has been particularly harsh for the…

Müller UK & Ireland invites applications for the third cohort of its Next Generation initiative, designed to support young farmers in enhancing supply chain resilience and reducing carbon emissions. Müller UK & Ireland, part of the international Müller Group, is a leading dairy producer renowned for its high-quality products, including milk, yoghurt, and cheese. Committed to sustainability and innovation, Müller is now inviting applications for the third cohort of its Next Generation initiative. This program aims to enhance supply chain resilience and reduce carbon emissions in the dairy industry by supporting and developing young farmers. With a focus on advancing…

Milk prices in Karachi have surged to PKR 370 per liter, surpassing global prices due to a new 18% tax. This increase exacerbates inflation and public health issues in Pakistan, impacting affordability and nutrition In a significant economic shift, milk prices in Karachi have surged to levels higher than those in major global cities including Amsterdam, Paris, and Melbourne. This price hike follows the recent implementation of a new 18% tax on packaged milk, introduced as part of Pakistan’s latest annual budget. The tax has led to a dramatic increase in retail milk prices, exacerbating concerns about inflation and public…

Amul pays tribute to PR Sreejesh’s exceptional goalkeeping at the Paris 2024 Olympics with a creative ad. Sreejesh’s key saves helped India secure a semi-final spot. Amul, the iconic Indian dairy brand celebrated for its creative and impactful advertisements, has honored PR Sreejesh, India’s veteran hockey goalkeeper, with a special tribute. This homage follows the men’s national hockey team’s thrilling victory in the quarter-finals of the Paris Olympic Games 2024, where Sreejesh’s heroics were instrumental in securing their spot in the semi-finals. Amul’s Tribute Amul’s latest advertisement creatively highlighted Sreejesh’s exceptional performance during the intense quarter-final match against Great Britain.…

Lakeland Dairies increased the milk price for June in both the Republic of Ireland and Northern Ireland, reflecting ongoing support for farmers amidst fluctuating market conditions. The co-op’s commitment to fair pricing and sustainability was evident as it navigated changes in market dynamics and global dairy trade trends. Lakeland Dairies, a prominent dairy co-operative renowned for its high-quality dairy products and commitment to sustainable farming, announced an increase in the base price for milk supplied in June. This adjustment reflected the co-op’s efforts to support its farmers amidst evolving market conditions. With a focus on sustainability and fair pricing, Lakeland…