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TheDairySite - Global Industry News Feeds
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Industry News
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CME: COF Report Skewed Toward Lower End of Pre-report Estimates
US - Last week, this publication noted that placements in October were
rumored to be quite large, but that the "Cattle on Feed" report skewed
toward the lower end of pre-report estimates, according to Steiner Consulting Group, DLR Division, Inc.
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Coles to Pay A$5m to Dairy Farmers
AUSTRALIA - Coles will pay over $5 million to Norco dairy farmers after it was found it had not passed on the full amount of a milk price rise, despite claiming it did in a marketing campaign.
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Massive Chance for Local Dairy Farmers to Increase Production
JAMAICA - The local dairy industry is being prepped to ride the crest of a growing demand for fresh milk by developing countries, with a projected 22 per cent increase in global milk production by 2027.
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Demand for Dairy Products to Grow Double Digits
BANGLADESH - Bangladesh has huge growth potential in dairy and the demand for dairy products is likely to grow double-digit, buoyed by rising income and expanding middle class, said a senior executive of an international dairy company owned by farmers.
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Proposed Rule Would Level Playing Field for Organic Dairy Farmers
US - A policy that allows a one-time transition of dairy cows from conventional to organic production has been inconsistently enforced, putting farmers who play by the rules at a competitive disadvantage and undermining the integrity of the organic label. However, a proposed rule would level the playing field by more clearly defining current regulations.
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US Grain Elevators Facing Tighter Margins, Revenue Pressures in 2020
Grain elevators face significant challenges in the year ahead as they buy basis on corn, soybeans, and wheat at the highest levels seen in years.
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Govt Looks to Revive Dairy Sector
JAMAICA - The Government is seeking to revive the local dairy industry by boosting technical competence in breeding and genetic strategies to improve milk yields from cattle.
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New EU Commission Must Back Agriculture, IFA Says
EU - Speaking as the new EU Commission took up office, IFA President Joe Healy said this Commission will preside over some of the most important decisions in the history of the EU.
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Cattle Farmers to Benefit from Solar-powered Boreholes
RWANDA - Cattle in Nyagatare and Kayonza districts will no longer face water shortages and death induced by drought thanks to new boreholes run by solar energy.
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ADB, Milko Sign Deal to Expand Dairy Operations, Improve Rural Livelihoods
MONGOLIA - On 28 November, Asian Development Bank (ADB) signed a local currency loan equivalent to $7.5 million with Milko LLC (Milko), a member of the Teso group (Teso) and a leading dairy company in Mongolia, to support the company’s plans to expand its dairy operations, while empowering women and men throughout its supply chain. This is ADB’s first private sector loan in Mongolia denominated in local currency.
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Milk Industry News 
