by Nanna | Mar 8, 2023 | Emerging business models
Glanbia is selling its stake in mozzarella-maker Glanbia Cheese to its US partner Leprino Foods Company, receiving €160m with the possibility of an additional consideration of up to €25m over the next three years, dependent on performance. The deal includes Glanbia...
by Nanna | Mar 1, 2023 | Discerning consumers
After announcing it would build “the world’s largest full-scale precision fermentation facility” within The Symbiosis Project in Kalundborg, Denmark Remilk is putting the plan on ice. When the construction project was announced, Remilk had attracted US$120m in...
by Nanna | Mar 1, 2023 | Discerning consumers
The Food and Drug Administration (FDA) has issued a proposal suggesting beverage producers responsible for making plant-based milk alternatives should be allowed to use the term “milk” to describe their products despite having no actual dairy content. The FDA...
by Nanna | Mar 1, 2023 | Making news
According to our February 2023 Global Dairy Directions update while commodity prices have lifted in most regions, driven by butter and SMP, little has changed in the underlying fundamentals other than a feeling butter demand will improve at lower retail prices and...
by Nanna | Mar 1, 2023 | Volatile world
After the three previous triple La Niña event, a drier than average year followed according to Agriculture Victoria climate agronomist Dale Grey. Ample soil moisture reserves meant that grain growers would be able to cope with drier than average conditions....
