State of the industry: Dairy

KANSAS CITY — Probiotic cold-brew latte. Spanish Manchego cheese with smoky chorizo salami. Glass pot set yogurt. Dairy processors are giving their mainstays a makeover in order to remain relevant among today’s adventurous, health- and wellness-seeking shoppers. Dairy processors have grown tired of being squeezed out of the refrigerated and frozen dairy departments by plant-based products. … Read more

Kraft to sell Canada natural cheese business to Parmalat

Kraft Heinz Co (KHC.O) has agreed to sell its Canadian natural cheese business to Parmalat SpA (PLT.MI) in a C$1.62 billion ($1.23 billion) deal that will help Kraft trim its debt and extend the North American footprint of Parmalat owner Lactalis. The deal comes a month after the new United States-Mexico-Canada Agreement (USMCA) was signed, … Read more

China moves to lift confidence as economic growth hits weakest pace since 2009

China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to tackle debt risks and the trade war with the United States began to bite. Chinese authorities are trying to navigate through numerous challenges, as the trade war fears … Read more

Baybridge Commodities expands to serve the Brazilean market

In join venture with Molkerey Alimentos Ltd, Baybridge commodities is BBC alimentos Ltd, the company is based in Florianopolis southern Brazil. BBC Alimentos will bring an assortment of food ingredients and finish products with a focus on organics to serve the Brazilean Market, please visit the website for contact details. www.bbcalimentos.com.br

U.S.-China trade war triggers seafood supply chain shake-up

The U.S.-China trade war has triggered a seafood supply chain shake-up, with U.S. importers scrambling to stockpile frozen Chinese squid and tilapia ahead of looming price increases while Canada exports more lobsters to China. A series of retaliatory tariffs between Beijing and Washington has led to a shift in global trade, creating winners and losers … Read more

Tariffs Could Cause Dairy, Meat Price Drop for US consumers

Prices for dairy products could drop between 5 percent and 10 percent due to U.S. farmers losing some international markets as a result of tariffs, according to Strategic Resource Group. The group also expects meat prices to drop 5 percent initially, with a maximum of 12 percent due to oversupply and insufficient demand in the … Read more

US – Nearly 635 million kilograms of American cheese are in cold storage in the United States. That’s roughly 1.8 kilos of cheese for every American, the highest amount since record-keeping began in 1917.

And that amount could go higher as the two main US dairy states – California and Wisconsin – deal with the impact of retaliatory tariffs on dairy products from Mexico and China. On 5 July, Mexico and China put tariffs on $986 million worth of US dairy exports-$408 million worth of cheese to China and … Read more