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Europe
Bulgaria is experiencing a significant increase in the prices of dairy products
According to the country’s dairy industry representatives, spot milk prices have increased by up to 37% since August last year. The reasons for this rise are the increased production costs – packaging alone has become 100% more expensive – and the insufficient supply of raw material on the market. The Bulgarian dairy industry is undoubtedly looking forward to the country becoming a land of milk and honey.
Family Dairy Farms in Ukraine have increased the number of their cattle by 22 percent
The FDF network has also increased the annual milk yield per feeder cow on an industrial farm. This increase was made possible by providing cows with a mixed, balanced feed that contains all the necessary nutrients to positively increase milk yield and weight gain. It’s nice to read some good news from this region.
The productivity of UK dairy herds has declined over the past 10 years
The productivity of the average British dairy farm has declined over the past decade. Over the same period, dairy herd productivity has remained stable or increased in most other countries. Lower productivity in the UK is primarily a problem for farmers, who have to pay more for unsatisfactory milk yields.
The Americas
Danone plans to expand its portfolio in the United States
Danone has decided to explore strategic options for its organic dairy business in the United States, which of course include a possible sale. If the projections satisfy Danone, the organic products will be developed under the Horizon Organic and Wallaby brands.
The innovative milk-based sports drink will be on shelves in 1 000 Walmarts in the United States
According to its creators, the GoodSport drink was developed out of frustration with sports drinks containing highly processed ingredients that are not necessarily healthy to consume, especially for young athletes. The product is supposed to be a healthier alternative to popular post-workout drinks. The real question is: does the brand name suggest there is a 'bad sport’ and if so, what sport did they have in mind?
Are you bored with plant-based alternatives to meat?
There may soon be a new offering for you on the market. Top Protein, an American company, has been working for four years to develop technology that can be used to produce new alternatives to meat. However, it’s not about plant-based products. The products they are working on are… Milk-based. According to company representatives, their products are capable of mimicking both the texture and attributes of any type of meat. What now, are we waiting for an alternative to an alternative to an alternative?
Asia & Oceania
The state of the Chinese economy will be key to predicting dairy prices in 2023
With the recent easing of China’s zero-COVID policy, many observers and market participants around the world are expecting robust import growth in virtually all products and commodities, but the reality is not so simple. Presently, evidence suggests that the current supply of dairy products is sufficient, and the high cost of imports discourages ordering goods from abroad. How will this situation develop? Time will tell.
Composting may offer more benefits than we expected
At least that’s what farmers in New Zealand say. Dairy farms are among the largest agricultural contributors of greenhouse gasses. To offset the negative environmental impact, many farmers are opting for composting, using plant and animal waste to make fertilizer. This seems to suit cows just fine, as they seem to love the warmth of composting facilities. As previous studies have shown, the conditions created by composting are not only very pleasant for the cows, but also lead to an overall improvement in their well-being, body condition and higher milk production.
South Korea’s Lotte Confectionery is investing the equivalent of 52.5 million euros in the construction of a new production facility in India
This will be Lotte Confectionery’s third plant in the country. The latest investment is aimed at further expanding the company’s ice cream division in the Indian market through its local subsidiary Havmor Ice Cream. This is pretty cool news for many, right?
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