Dairy Processor News - Articles - Page 239

Dean Foods loses its No. 1 spot because it sold Morningstar to Saputo and spun off WhiteWave. Nestlé is the largest publicly held firm, Schreiber Foods is the largest privately owned business and Land O'Lakes is the top dairy co-op.

James Carper

August 6, 2013

Nestlé USA is North America's largest dairy processor, bumping off Dean Foods Co. which held the spot for at least half of the 20 years that Dairy Foods has been compiling the Dairy 100.

Dairy Market News

Specialty cheesemakers in Midwest react to lower milk volume by canceling or delaying orders

Just as football training camps begin seasonal activity, there are increasing reports from cheese manufacturers about buyers beginning to more actively consider inventory needs for the last quarter of 2013 and the first of 2014.

August 5, 2013

The USDA's Dairy Market News reports that that Process cheese sales are “strong” while Natural cheese sales are “off a little” in the Midwest. Overall, most manufacturers are “comfortable” with the current cheesemaking situation.

Corporate earnings

Q2 cheese revenues rise at Kraft; net revenues for the company down 1.1%

In the company's Cheese Segment, revenues increased from a combination of higher prices, volume gains and improved product mix with significant gains in Kraft natural cheeses and Velveeta

August 1, 2013

Kraft Foods Group, Inc. Northfield, Ill., reported today that net revenues in the second quarter declined 1.1% to $4.7 billion and that operating income increased 53.5% to $1.4 billion in the period. In the company's Cheese Segment, revenues increased from a combination of higher prices, volume gains and improved product mix with significant gains in Kraft natural cheeses and Velveeta.

Corporate earnings

Dairy products contribute to Q2 sales increase at Land O'Lakes

The company said earnings improvements year-on-year have been driven mainly by its Dairy Foods division, which had been negatively impacted in the first half of 2012.

August 1, 2013

Land O'Lakes said sales increases during the second quarter were achieved in all three core businesses, which include Dairy Foods, Crop Inputs (WinField) and Feed (Purina Animal Nutrition). First half sales were improved in all business segments, including Layers.

Processor news

Powerful Yogurt announces expansion to UK and Ireland

First-of-its kind Greek yogurt for men will be available in early 2014 through partnership with Ireland-based food supplier Irepak Ltd.

July 30, 2013

Powerful Yogurt, the first-ever Greek yogurt designed for men, will bring the Powerful yogurt line to the UK and Ireland in the first quarter of 2014.

Processor news

Starbucks, Danone partner up to develop Greek yogurt parfait

July 25, 2013

Starbucks and Danone announce agreement to create and develop an exclusive line of fresh dairy products, starting with a Greek yogurt parfait.

Exporter award

Dairy Foods seeks Exporter of the Year nominations

The award is presented annually to a company that demonstrates leadership in driving global dairy demand and advancing U.S. dairy exports as well as commits resources to export market development and makes exports central to its overall growth strategy.

July 22, 2013

Dairy Foods is accepting nominations for the Tom Camerlo Exporter of the Year award, presented with the cooperation of the U.S. Dairy Exporter Council. The processor receives the Tom Camerlo Exporter of the Year trophy at USDEC's annual meeting. The company is also the subject of a feature article in the November issue of Dairy Foods.