Sydney | Reuters — Australia’s competition watchdog will launch a broad investigation into the country’s dairy industry, the country’s deputy prime minister Barnaby Joyce said on Thursday. The investigation comes after Australia’s largest dairy processor Murray Goulburn and New Zealand’s Fonterra Co-operative Group in April reduced their farm gate prices, or what they pay farmers […] Read more
Australia competition watchdog to widen dairy investigation
Saputo profit jumps, dividend raised
Reuters — Saputo Inc., one of Canada’s largest dairy producers, reported on Tuesday a 30 per cent jump in net earnings and boosted its quarterly dividend by 11 per cent. For Saputo’s fiscal 2017 first quarter, net income rose to $176.7 million, or 44 cents a share, from $136.4 million, or 34 cents, in the […] Read more
Cool-temperature process extends milk shelf life
Rapid heating and cooling by 10 C
Purdue University researchers say they have developed a milk preservation system using a lower temperature than pasteurization, but providing a longer shelf life. The researchers found that increasing the temperature of milk by 10 C for less than a second and then cooling it rapidly eliminates more than 99 per cent of the bacteria left […] Read more
EU livestock farmers get compensation
Dairy farmers receive funds to offset price slump after scrapping of quotas
Brussels/Paris – Reuters — The European Union will grant an additional 500 million euros (C$721 million) to EU farmers struggling with a long-running crisis linked to low prices, notably in the dairy sector where it aims to reverse a boom in milk output after the scrapping of production quotas. European milk farmers have been struggling with […] Read more
Dairy support price gets second bump of year
Facing depressed world prices for milk, Canada’s dairy farmers can expect a boost of about 2.76 per cent in their overall revenue from industrial milk sales starting Sept. 1. The Canadian Dairy Commission on Friday announced an unusual second increase this year in the support prices it sets for butter ($8.0062 per kilogram, up from […] Read more
Dairy farmers, processors strike deal for future
Ottawa — Dairy Farmers of Canada and dairy processor associations have reached an agreement in principle on how to evolve the Canadian dairy system for the future. The agreement was reached during meetings in Charlottetown following a year of talks, which followed previous attempts to open a dialogue over pricing and other issues. Details of […] Read more
They came, they saw, they milked
Reading Time: < 1 minute The fourth annual Breakfast on the Dairy Farm event at Yff Dairy near Red Deer on June 18 attracted more than 500 visitors. Along with a free breakfast, visitors were able to ask questions of milk farmers, a milk hauler, and herd veterinarian. They became acquainted with the cows themselves and even tried their hand […] Read more
EU bows to pressure, gives member parliaments say in Canada trade deal
Brussels | Reuters –– The European Commission bowed to pressure to give Europe’s parliaments the right to ratify a landmark free-trade deal with Canada, a decision meant to address public concerns but which could wreck Europe’s broader trade strategy. In the face of popular suspicion about secretive trade deals benefiting big companies, Commission President Jean-Claude […] Read more
EU farming chief wants rapid Brexit talks, plans new dairy aid
Hannover, Germany | Reuters — Europe’s agriculture industry, already grappling with a dairy crisis, wants rapid talks about Britain’s exit from the European Union to minimise disruption, EU farming commissioner Phil Hogan said on Thursday. “Farmers know better than anyone that you need stability and certainty to plan for the future,” Hogan said in a […] Read more
Breeding cattle get market access to Turkey
Exporters of Canadian breeding cattle expect to see another $4.5 million per year in business from a new agreement for market access to Turkey, according to the federal government. Canada’s Agriculture Minister Lawrence MacAulay and Trade Minister Chrystia Freeland on Monday announced an agreement with Turkey on export certificates for Canadian breeding cattle effective “immediately.” […] Read more
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