4 Reasons the Dairy Industry is Upbeat about the Future https://lnkd.in/gcPuFKCf
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A new report from CoBank cautioned that potential growth opportunities for US dairy products may be impeded by the inability to expand milk production. - More details 🔽 https://ow.ly/UsuF50QzrMg #dairy #dairyindustry #foodindustry #foodandbeverage
Report: US milk production growth could be hindered
dairyprocessing.com
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Good to share this story about casein recovery with higher yield, quality and maximum uptime for the dairy industry!
The dairy sector in New Zealand is a powerhouse, with casein exports projected to reach 3.3 billion NZD 🥛📈 Alfa Laval's recent upgrade of Foodec Hygiene Plus Decanter technology has significantly improved casein processing for two of New Zealand's leading dairy producers, enabling them to achieve: ✅ Higher extraction yields ✅ Superior quality ✅ Easy cleaning According to one of the 🧑💬 spokespersons, "The seamless installation and commissioning of the new equipment ensured uninterrupted milk processing on site". Read the full story here 👉 https://lnkd.in/du4mThz2 #AlfaLaval #PioneeringPositiveImpact #Dairy #Innovation #FoodIndustry #FoodAndBeverage
Casein recovery with higher yield and quality - and maximum uptime
alfalaval.com
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Plant Head| Plant Operations| FMCG, Dairy, Project Development and Lead| NPD| Establish Products Line In Dairy| Procurement Planning| Production Planning| Leadership| Skill Development| Supply Chain Management|
Dairy prices take a breather While the key whole milk powder prices dipped 2.7%, five other products on Global Dairy Trade (GDT) auction recorded price rises. Lactose prices spiked over 19%, while skim milk powder, cheddar, anhydrous milk fat and butter milk powder prices all rose between 2% and 4%. Butter was the other product to post a price fall – down 1.6%. Westpac senior agricultural economist Nathan Penny notes that the result follows a run of four consecutive price rises, “so in that sense, prices were due a breather”. “During that period, WMP prices had lifted by over 20%, albeit following a very steep fall in August. After the fall overnight, that lift moderates back to around 17%.” Penny also notes that New Zealand spring production has started on a firm note, so that may also explain the price fall. September production was up 1.3% compared to September 2022. Dairy markets previously had been factoring in drought risk on the back of the El Niño weather pattern, he says. “In our view, this has been overdone as New Zealand water tables are generally very high and most farmers have ample feed on hand. “This will help mitigate or dampen any drought impact. Moreover, we expect ongoing firm production in annual change terms over the remainder of spring.” Meanwhile, Chinese demand is hinting at a pickup. Penny says recent economic data has been more positive than expected so this may translate into higher demand over time. “Also, we noticed that WMP contracts 4 and 5 – for delivery in 4 and 5 months’ time – were 8% and 9% higher, respectively, than contract 1. “This is the clearest sign to date that the removal of the 10% tariff from January will boost Chinese demand. “On balance, we remain cautious. Developments, both positive and negative, since we lifted our milk price forecast have largely cancelled each other out.” Westpac is sticking to its forecast milk price of $7.25/kgMS for this season. Last month Fonterra announced a new forecast milk price range to $6.50 – $8/kgMS, with a new midpoint of $7.25/kgMS, up 50c on its previous forecast. Source : Rural News group Nov 14th 2023 by Sudesh Kissun
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Dairy industry statistics released today show more than a quarter of the dairy products consumed in Australia are from overseas. The December 2023 Situation and Outlook Report from Dairy Australia found this is up from about 11 per cent in 1999/2000. The increase in imported dairy products, and a price differential between Australian and New Zealand farmgate milk prices of about 30 per cent, are making Australian products less competitive. This - together with record low milk supply, rising input costs and adverse policy reform - is putting significant pressure on the dairy processing sector. From Lismore to Kyabram, Brisbane to Bega, and Jervois to Balcatta – dairy processors are vital to communities and dairy farmers right across Australia. Processors support communities by creating jobs and farmers by transforming their perishable raw milk into safe, nutritious dairy products. However, to continue delivering high-quality dairy products and reclaim our global market position, a concerted effort from all stakeholders – government, industry, and consumers - is essential. We need Australian made, Australian branded dairy products, so consumers know they are choosing quality and investing in the future of a dairy industry vital to our nation's economy, food security, and regional development. Full report: https://lnkd.in/gupMRifD More from ADPF: https://lnkd.in/gfj93GxT
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Understanding and monitoring #milk production is paramount for #dairy stakeholders, serving as a barometer for the industry’s health and stability. 🥛 Discover the five key factors influencing milk production levels in our latest blog, empowering you with the ability to #forecast trends in milk production effectively. ➡️ Read more: https://hubs.la/Q02ckpWd0
5 key drivers of milk production output
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Reading articles like this one show the tremendous pressure the dairy industry is facing. Supplying milk alone is becoming less sustainable. Is diversification the answer? Many dairies have adopted a diversification strategy to reclaim the value of their milk. Here are some of the ways that our dairies are responding: - Producing Value-Added Dairy Products: To increase profitability, many dairy farmers and processors have shifted their focus from selling raw milk to producing value-added dairy products. This includes items like cheese, yogurt, butter, and ice cream, which often command higher prices in the market. -Producing Specialty and Artisanal Products: Some dairy producers have opted to create specialty or artisanal dairy products. These niche products can cater to consumers looking for unique and high-quality dairy items. Examples include organic and locally-sourced dairy products. -Investment in Dairy Processing and Packaging: Some dairy farms have expanded their operations to include processing and packaging facilities. This allows them to control more of the supply chain and potentially capture a larger portion of the consumer price. -Diversification into Non-Dairy Alternatives: In response to changing consumer preferences and dietary choices, some dairy businesses have diversified into the production of non-dairy alternatives like almond milk, soy milk, and oat milk. This allows them to tap into the growing market for plant-based dairy substitutes. Whatever way our dairies choose, we must support their growth wherever possible as consumers. #dairyindustry #dairyprocessing #dairyfarming #supportlocal
Ireland: ‘Severe’ milk price cuts ‘will wipe €2bn’ from dairy farms’ revenues in 2023
dairyreporter.com
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Dairy producers can use the detailed Dairy Costings Focus report to benchmark their businesses against other, similar systems. This can highlight areas of improvement on which to focus. Download the Dairy Costings Focus Report 2024. https://lnkd.in/ejZam4z7
Dairy Costings Focus Report 2024 - Kingshay
https://www.kingshay.com
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The market in plant-based #dairy challenges traditional #markets for animal-based dairy. #Plantbased dairy is becoming increasingly popular in Europe, where sales grow by 49% (2020-22). #Prices can constitute a barrier where purchasing power is low: https://lnkd.in/eEDRsE4a #milk
Hype or hope? What consumer motives tell us about the prospects for plant and animal-based dairy products in six European countries
sciencedirect.com
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Product price formulas must evolve with the changing structure of the dairy industry to properly fulfil their role of accurately translating diary product prices into milk values. https://lnkd.in/guV37e5G
USDA’s FMMO plan echoes sound principles
hoards.com
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3wI agree!