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This week in dairy processing

Butter sales are strong; cheese stocks are building, says USDA

Domestic butter demand is steady and international demand is good. Milk supplies are adequate for cheese processing in all the regions.

July 21, 2017

USDA’s Dairy Market News reports that butter sales are strong as retailers increased their advertising. Cheese stocks are building up in the nation.

Grade A all the way

Three award programs honor dairy processors

MilkPEP, the International Dairy Foods Association and US Dairy Export Council want to recognize great marketers, food safety experts and exporters of dairy ingredients.

July 20, 2017

Deadlines for MilkPEP’s Milk Marketer of the Year and Exporter of the Year are approaching. IDFA opens a call for nominations for its Food Safety Leadership Award.

Kerry Group Project leche and World Food Program Honduras

Good deeds

Kerry Group partners with NGO to feed Honduran children

Not only will the program improve the quality and nutritional values of the school meals diet, but also the livelihoods of dairy farmers.

Ed Finkel

July 17, 2017

Ireland’s Kerry Group contributes $750,000 to a pilot program called “Project Leche.” The dairy is working with the World Food Program to improve the diets of schoolchildren.

Investments

Svoboda Capital invests in cheesemaker Sonoma Creamery

In 2014, Sonoma launched Mr. Cheese O's, a shelf-stable, high-protein baked cheese snack made with organic quinoa.

July 12, 2017

California cheesemaker Sonoma Creamery receives a $10 million equity investment from Svoboda Capital Fund.

Investments

Investment firm ACON completes equity recapitalization of Borden Dairy Co.

Borden operates 13 facilities across the United States with more than 500 million gallons of annual milk processing capacity.

July 12, 2017

ACON Investments completed an equity recapitalization of Borden Dairy Co., an iconic American dairy brand with 13 facilities across the United States.

Back to work

HP Hood buys former PepsiCo yogurt plant from DFA

Hood plans to make extended-shelf-life beverages there, and will build a refrigerated warehouse.

July 11, 2017

HP Hood bought an idle yogurt plant from Dairy Farmers of America, and announces plans to make ESL beverages there. In addition, it will invest more than $200 million and create 230 jobs.

The dairy best

Dairy product contest deadline is July 21

Last year’s World Dairy Expo Championship Dairy Product Contest drew 1,200 entries.

July 6, 2017

The deadline to enter the World Dairy Expo Championship Dairy Product Contest is July 21. Dairy processors can enter milk, ice cream, cheese, yogurt and other dairy-based foods and beverages.

Good deeds

Glanbia Nutritionals honored for sustainability, community achievements

Glanbia said it has reached 90% of 2016 targets and is on track to reach 2020 goals.

June 28, 2017

Glanbia Nutritionals is one of several dairy processing and producing businesses honored in the U.S. Dairy Sustainability Awards, sponsored by Dairy Management Inc.

Dairyland

Former Ag Secretary Vilsack is keynoter at Wisconsin dairy event

Also speaking at the 2017 Dairy Symposium are executives from Land O’Lakes, Michigan Milk Producers Association, Culvers Franchising, Dannon and Chr. Hansen.

June 16, 2017

Former U.S. Department of Agriculture Secretary Tom Vilsack is the keynote speaker at the July 10 Presidents Banquet during the Dairy Symposium hosted by the Wisconsin Dairy Products Association.

Ingredients

NFDM markets are steady as dry whey markets weaken

The lactose price is steady to lower. Prices for rennet casein firmed, but acid casein prices are stable.

June 10, 2017

Nonfat dry milk markets are steady to higher across the country, while dry whey markets are showing signs of weakening, reports the USDA’s Dairy Market News this week.