IDFA encouraged the administration to continue to pursue a trade agreement with the African continent’s seventh-largest economy, but voiced its concern for Kenya’s protectionist measures over its dairy sector.
August 6, 2020
In a letter to U.S. Trade Representative Robert Lighthizer regarding trade negotiations between the governments of the United States and Kenya, the International Dairy Foods Association (IDFA) said a U.S.-Kenya agreement has the potential to provide tangible market access for U.S. food and agricultural exports to Kenya’s growing economy.
The coronavirus pandemic has turned our world upside down in many ways. As it’s challenged consumers, it has also challenged our foodservice/restaurant and retail customers to become increasingly innovative in how they serve their customers.
Capitol Peak assumed majority ownership of the new company, and KKR became a lender and minority equity investor.
July 24, 2020
Borden Dairy said it and certain affiliates finalized the approximately $340 million sale of substantially all Borden assets to Capitol Peak Partners and KKR.
Dairy scientists bring cheesy burrito, frozen drink with cream to reality.
July 14, 2020
Thanks to dairy checkoff support, Taco Bell recently unveiled the Grilled Cheese Burrito, its cheesiest new offering of the year, and the Pineapple Whip Freeze beverage, which contains real dairy, said Rosemont, Ill.-based Dairy Management Inc. (DMI).
The company also adds food and beverage industry veterans James Cali and Andrew Towle to its board.
June 29, 2020
Hart Dairy, the largest single-source producer of 100% free-range, grass-fed milk in North America, announced a new investment from Next Gen Nutrition Investment Fund LP (NGN) and the addition of James Cali and Andrew Towle, the firm’s general partners, as chief marketing advisers.
A new, solvent Borden will continue employment for employees and service for customers.
June 26, 2020
Borden Dairy, Dallas, announced the start of a new chapter, with Capitol Peak Partners and its affiliates acquiring substantially all Borden assets following completion of a court-supervised sale process.
The dairy organizations urge U.S. government to insist on good faith implementation of USMCA.
June 17, 2020
The U.S. Dairy Export Council (USDEC) and National Milk Producers Federation (NMPF) sharply criticized Canada’s allocation of its tariff-rate quotas (TRQ) under the United States-Mexico-Canada Agreement (USMCA), released on June 15.