Topic of the week
Navigating the Evolving Landscape of New Food: Focus on Fermented Products and Market Dynamics
In the rapidly evolving sector of food technology, the term "New Food" typically refers to food products or ingredients that lack a traditional history of human consumption, or those derived from innovative processes, often termed as "novel foods." Tetra Pak has prepared a report on New Food—products and ingredients developed using microorganisms. The editorial team at Dairynews.today has reviewed it and shares the most interesting highlights with its readers.
Lactalis Canada introduced a new plant-based brand
Lactalis Canada, a leading dairy company in Canada known for popular brands like Cracker Barrel and Black Diamond, and a subsidiary of the France-based Lactalis Group, has unveiled its latest venture – Enjoy!, a plant-based beverage line.
Variable Milk Prices in Europe May Influence Future Market Dynamics
Georgy Kukhaleishvili, an analyst at the Association of Milk Producers, notes that while rising milk prices in Europe are currently mitigating the expected seasonal increase in milk yields, upcoming summer conditions and ongoing profitability challenges could alter the market scenario.
Global Land Prices Surge, Creating Unprecedented ‘Land Squeeze’
The International Panel of Experts on Sustainable Food Systems (IPES-Food) released a report on Monday, May 13, highlighting a two-decade trend of soaring land prices, land grabs, and carbon schemes that are creating a severe ‘land squeeze.’ This phenomenon is threatening farmers and food production globally.
Dairy Market Analysts Forecast $8-Plus Farmgate Milk Price for 2025 Season
Dairy market analysts have reached a consensus on their forecasts for the 2025 farmgate milk price, bringing optimism to dairy farmers with predictions exceeding $8.
Dakin Dairy Farm to Stay in Family, Ensuring Legacy Continues
Dakin Dairy Farm in Myakka City, Manatee County, will continue its legacy of family ownership despite recent challenges. In November, farm owner Jerry Dakin announced plans to sell the farm following extensive damage from Hurricane Ian.
China's Dairy Market: Expanding Amidst Economic Growth and Evolving Consumer Preferences
In recent decades, China's dairy industry has experienced remarkable growth, fueled by rising incomes and improved living standards, transforming milk and dairy products from luxury items into staples at the Chinese dining table.
Ukrainian Milk Market Faces Price Decline Due to Surpluses and Low Domestic Demand
Georgy Kukhaleishvili, an analyst at the Association of Milk Producers, reports that an oversupply of raw milk in Ukraine coupled with weak domestic demand has led to a noticeable drop in purchase prices. As of May 5, the average purchase price for extra grade milk was UAH 13.99 per kilogram without VAT, a decrease of 39 kopecks from the previous month. The price range for this milk grade varies between UAH 13.40 to UAH 14.60 per kilogram without VAT.
Rabobank Report Indicates Sluggish Dairy Market Recovery Amid Variable Demand
A recent analysis by Rabobank presents a tempered forecast for the global dairy market, revealing that the upswing in dairy prices seen in late 2023 and early 2024 was driven primarily by restocking activities at reduced prices, rather than a strong increase in consumer demand.
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