As butter prices surge, French bakers and pastry chefs worry that their beloved, buttery croissants might become a thing of the past. Meanwhile, anger is building among dairy farmers.
Says unable to contact key finance executive; shares fall 85% wiping $4 bn off market value.
Prices have dropped slightly in the global dairy auction overnight, in the first fall since early March.
DAIRY industry lobby groups are assessing if the move for processors to include incentives in opening milk price announcements is in contravention of the new voluntary code of conduct. By: SIMONE SMITH
Global Dairy Trade Event 190 concluded with the GDT Price Index down 0.8%
To mark the first anniversary of the EU Referendum, Farmers Guardian has asked a number of key figures from the NFU to explain how things have changed for the industry over the past 12 months.
A NUMBER of South Australian dairy farmers have been given a boost after ASX-listed Beston Global Food said it required an additional 70 million litres of milk to underpin its cheese production next financial year.
Dairygold has decided to announce a milk price increase of 1c/L for milk manufactured in May; this follows on from similar decisions by other processors in recent days.
Following calls for more affordable infant formula options here, supermarket chain FairPrice on Thursday (June 15) announced the launch of a new range imported from Australia, priced between $27.50 and $35 for a 900g tin. It is priced similarly as in Australia, where the range is AU$25 to AU$35.
Arden Tewksbury, manager of Progressive Agriculture Organization (Pro-Ag), announced at a press conference that several farm organizations, milk cooperatives and county commissioners have petitioned the USDA for a national milk hearing for all dairy farmers.