Reading Time: < 1 minute Lely North America is offering five $1,000 scholarships for Canadian residents currently attending a junior college, college, university, or graduate school. The student must also be registered in a program that can equip them to contribute to the dairy industry and be current or previous members of 4-H. Applicants also have to write a short […] Read more
Lely offering dairy industry scholarships
Application deadline is Oct. 1
Germany’s Gabriel gets green light to support CETA
Wolfsburg, Germany | Reuters — Germany appeared set on Monday to back an ambitious trade accord between the European Union and Canada after the leader of the Social Democrats (SPD), junior partner in the ruling coalition, overcame left-wing resistance to the deal within his party. The SPD decision paves the way for EU member states […] Read more
TPP study sees net ‘neutral’ effect on dairy sector
An economic impact study on Canada’s participation in a Trans-Pacific Partnership (TPP) trade deal finds losses in Canada’s dairy sector would be “offset” by gains for dairy processors from cheaper dairy imports. The study, prepared for the federal government by its Office of the Chief Economist and released Friday, notes Canada has offered expanded access […] Read more
Milk costs and revenues up
Reading Time: < 1 minute Alberta Agriculture and Forestry has released The Economics of Milk Production 2015, which details the cost of producing a hectolitre of milk in Alberta last year. Higher feed prices pushed up production costs last year, but were partially offset by lower costs for fuel, utilities and labour (on an hours-per-cow basis). Overall costs were up […] Read more
Australia competition watchdog to widen dairy investigation
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
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