Milan | Reuters — France’s Lactalis failed to reach the 90 per cent stake in Parmalat it required to proceed to delist the Italian food company in the last day of a buyout offer, a filing by the Milan bourse showed Tuesday. Lactalis, the world’s largest dairy firm, bought 15.11 per cent of the shares […] Read more
Lactalis short of threshold to delist Parmalat
Want to be a dairy farmer?
Reading Time: < 1 minute Alberta Milk is accepting applications to its New Entrant Assistance Program until March 31. The program matches the quota purchased by the new entrant with a loan of quota from Alberta Milk up to 25 kilograms per day (about 20 to 25 cows) at no cost. New entrants can expand up to 70 kg/day of […] Read more
Scotsburn ice cream business sale to Agropur cleared
Canada’s biggest dairy co-operative has been given the all-clear to close its deal for an Atlantic dairy co-op’s ice cream business. Agropur Co-operative on Thursday announced it has bought the assets of Truro, N.S.-based Scotsburn Co-operative Services, which include the company’s plants in Truro and in Lachute, Que. as well as the Scotsburn brand name. […] Read more
Ontario dairy sector optimistic with expanding demand
Ontario’s dairy industry is in a period of unprecedented growth, with over 15 per cent more quota going to dairy farmers in less than two years. There are almost certainly more quota increases to come, in order to increase milk production to displace significant volumes of butter now being imported. “It’s an absolutely great time […] Read more
Got milk? Not so much these days
Sales of chocolate milk, yogurt, and cream up, but milk consumption way down
Reading Time: 2 minutes While fluid milk sales are decreasing in Canada, consumption of cream, flavoured milk, cheese and yogurt is on the rise. “According to Statistics Canada, per capita consumption of fluid milk decreased 21.5 per cent from 1996 to 2015,” said provincial consumer market analyst Jeewani Fernando. “However, flavoured milk and cream consumption has increased significantly during […] Read more
Lely offering dairy industry scholarships
Application deadline is Oct. 1
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
California to limit pollutants from diesel exhaust to cow gas
Reuters — California on Monday moved to restrict air pollutants from sources as diverse as diesel trucks and cow flatulence, the latest of several efforts in the most populous U.S. state to reduce emissions leading to climate change. Under a bill signed Monday by Democratic Governor Jerry Brown, the state will cut emissions of methane […] 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
Restaurants call foul as dairy farmers get a second pay hike this year
World dairy prices are crashing but Alberta Milk chair says the latest increase is modest and won’t hurt restaurant chains
Reading Time: 3 minutes Even though world dairy prices are at historic lows, Canadian dairy farmers will be getting a boost of 2.76 per cent for industrial milk — used to make butter, ice cream, yogurt, and cheese — starting Sept. 1. It comes on the heels of a 2.2 per cent price hike in February. “The industrial price […] Read more