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DAIRY NEWS ON FASTMOVING

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SA dairy exports doing well

SA dairy exports doing well

16/04/2019 - 15:42
Dairy imports for February were 4 110 tons at a cost of R172 million. South Africa imported mainly from France (28%) New Zealand (28%), Germany (13%), Poland (8%) and Ireland (4%). Dairy imports for this year are low compared to last year, largely due to limited UHT imports. The main dairy products imported in February were whey (34%), milk powder (22%) and cheese (18%). UHT as a percentage of total imports was less than 1%.  read more
Brimstone to review Clover acquisition after boycott threats

Brimstone to review Clover acquisition after boycott threats

08/02/2019 - 09:35
JSE-listed Brimstone said that it is reviewing its participation in a consortium seeking to acquire dairy producer Clover, due to protests over the participation of an Israeli company. read more
Food prices dip in October

Food prices dip in October

05/11/2018 - 13:37
International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, according to the United Nations. read more
Sugar content in UK yoghurts “well above” recommended levels

Sugar content in UK yoghurts “well above” recommended levels

02/10/2018 - 08:33
The sugar content of the majority of yoghurts sold in the UK is “well above” recommended sugar levels, according to research conducted by online journal BMJ Open. read more
Impairments push Clover into a full-year loss

Impairments push Clover into a full-year loss

12/09/2018 - 13:07
Consumer goods and products producer Clover swung to a loss in the year to end-June, as the sudden resignations of the CEO and chair of Dairy Farmers of SA (DFSA) forced the group to write down the R439m revolving credit facility it had extended to the subsidiary. read more
Nestlé Mossel Bay factory goes drought-friendly by extracting water from milk

Nestlé Mossel Bay factory goes drought-friendly by extracting water from milk

18/06/2018 - 13:34
A milk factory in Mossel Bay has revolutionised its production processes by switching to an approach that will nearly eliminate its reliance on municipal water. read more
Woolworths’ cheese makes history with two SA Dairy Product of the Year Awards in a row

Woolworths’ cheese makes history with two SA Dairy Product of the Year Awards in a row

26/03/2018 - 10:47
Parmalat’s 10-months Mature Gouda, made especially for Woolworths, was crowned the South African Dairy Product of the Year for the second year in a row at the Agri-Expo Qualité Awards Gala Dinner on 23 March 2018 at GrandWest. This achievement is a first for the SA Dairy Championships, celebrating its 185th year of existence. read more
Dr. Oetker and Molkerei Gropper set to form joint venture

Dr. Oetker and Molkerei Gropper set to form joint venture

01/03/2018 - 10:34
Dr. Oetker and Bavarian dairy group Molkerei Gropper have announced they will form a joint venture company in order to increase production capacity for their respective markets. read more
Nestle Nigeria invests $11.4m to open new beverage plant

Nestle Nigeria invests $11.4m to open new beverage plant

21/02/2018 - 16:22
Nestlé Nigeria has opened a new beverage production plant in Ogun state, Nigeria, following an NGN 4.1 billion ($11.4 million) investment.  read more
Häagen-Dazs releases new ice cream flavour for Valentine’s Day

Häagen-Dazs releases new ice cream flavour for Valentine’s Day

12/02/2018 - 10:30
Ice cream company Häagen-Dazs has launched a new limited-edition Cherry Blossom ice cream for the UK market in the run-up to Valentine’s Day. read more
Some positives in tough year for Clover

Some positives in tough year for Clover

13/09/2017 - 13:19
Clover Industries was savaged on all fronts in the year to June. Prolonged drought was followed by a wetter, cooler summer, which affected beverage sales. At the same time, rand volatility was compounded by SA’s ugly political environment. read more
Prolonged drought and volatile rand squeeze Clover

Prolonged drought and volatile rand squeeze Clover

12/09/2017 - 17:18
Dairy and foods group Clover reported a dismal set of results, as expected after last week’s trading update, with sharp drops in profit at almost all levels. read more
Parmalat reports 4.6% decrease in sales volumes

Parmalat reports 4.6% decrease in sales volumes

31/07/2017 - 12:42
Italian dairy and food manufacturer Parmalat has reported that the group's sales volumes decreased by 4.6% in the first six months of 2017. read more
Clover reports pedestrian growth as operating costs soar

Clover reports pedestrian growth as operating costs soar

13/09/2016 - 09:36
CLOVER Industries on Tuesday reported single-digit growth in full-year net profit as the dairy products and beverages group battled higher operating costs. read more
Clover sees first-half profit rise

Clover sees first-half profit rise

11/02/2015 - 09:42
Diversified dairy producer Clover said on Tuesday it expects headline earnings per share for the six months to end December to increase by between 36% and 46%. read more
FAO Food Price Index Drops To Four-Year Low - Ghana

FAO Food Price Index Drops To Four-Year Low - Ghana

18/09/2014 - 13:42
FAO’s monthly food price index registered another drop in August, continuing a five-month downward run and reaching its lowest level since September 2010. read more
Clover to make comeback in local market

Clover to make comeback in local market

04/04/2014 - 08:57
Johannesburg - Dairy and beverages maker Clover said on Monday it planned to re-enter certain local markets, putting on hold Africa expansion plans as it posted an almost doubling of interim earnings which were lifted by higher prices. read more
Food issues to threaten US-EU free trade deal

Food issues to threaten US-EU free trade deal

18/12/2013 - 10:16
Genetically modified crops, chlorine-washed chicken, beef quotas and a fight over who can call Greek-style cheese “feta” all block the way towards the largest free trade deal. read more
Zambeef share price in marginal drop

Zambeef share price in marginal drop

10/07/2013 - 08:55
Zambeef Products Plc share price on the Lusaka Stock Exchange (LuSE) has declined by two percent over the last few weeks following reports of alleged importation of contaminated beef, Stock Broker Zambia Limited (SBZL) has said. read more
Clover ups earnings

Clover ups earnings

12/09/2012 - 09:38
Johannesburg – Clover Industries Limited [JSE:CLR] has reported diluted headline earnings per share of 108.7 cents for the year ended June 2012 from 106.2 cents a year ago. read more
Clover‚ Eqstra renew supply deal

Clover‚ Eqstra renew supply deal

06/06/2012 - 07:52
Johannesburg - Consumer goods and beverages group Clover Industries Limited [JSE:CLR] said on Tuesday it had renewed its outsourcing service agreement with Eqstra [JSE:EQS] Flexifleet for a “substantial period of time” in a move to reduce costs in the supply chain. read more
Milk production up 5.4%

Milk production up 5.4%

05/04/2012 - 10:16
Milk production was up 5.4% in February compared with the same period a year ago, the Milk Producers' Organisation (MPO) said on Wednesday.  read more
Milk Price Slumping as Record Profit Spurs Expansion of Herds: Commodities

Milk Price Slumping as Record Profit Spurs Expansion of Herds: Commodities

13/03/2012 - 08:53
Record dairy profits and milder weather are leading to a surge in milk supplies from Auckland to California, turning last year’s best-performing commodity contract into one of the worst of 2012. read more
Food price index ends year with sharp drop

Food price index ends year with sharp drop

13/01/2012 - 09:40
Food prices fell in December 2011 with the food price index dropping 2.4%, according to the UN Food Agricultural Organisation's monthly report. read more
Shortage fears as milk prices tank

Shortage fears as milk prices tank

24/11/2011 - 08:50
Johannesburg - There could be a shortage of milk next year if the producer price is not increased, the Milk Producers' Organisation said on Wednesday. read more
E.coli found in imported cheese

E.coli found in imported cheese

10/11/2011 - 08:45
Johannesburg - Almost 22 tonnes of imported Irish cheddar cheese was destroyed last week because it was contaminated with E.coli bacteria, the Milk Producers' Organisation (MPO) said on Wednesday. read more
Society of Dairy Technology has a bright future

Society of Dairy Technology has a bright future

08/11/2011 - 10:12
The Society of Dairy Technology (SDT) has seen a significant surge in interest over the past few months with membership growing at an unprecedented rate. As consumer demand for healthy and nutritious dairy products continues to grow, the role of the SDT in advancing dairy science and technology across all areas of the agri-food sector, to the mutual benefit of milk producers, dairy processors, food retailers and consumers, is increasingly valued.  read more
Tetra Pak Dairy Index sees 10-year African dairy boom

Tetra Pak Dairy Index sees 10-year African dairy boom

12/07/2011 - 10:28
Tetra Pak, the global food processing and packaging solutions company, has released the fourth annual Dairy Index that this year indicates a decade-long dairy boom and a surge in African consumption of almost 50%. read more
Coega to include dairy plant

Coega to include dairy plant

04/07/2011 - 07:48
Johannesburg - The Coega Development Corporation (CDC) will launch a dairy processing plant with an initial investment of R50m in September, it said on Wednesday.  read more
Clover H1 profit jumps

Clover H1 profit jumps

16/03/2011 - 16:55
South African dairy foods maker Clover said on Monday headline earnings per share for the six months to end-December soared to 73.2 cents from 0.9 cents a year earlier read more
Parmalat Investment Funds Said to Propose Rossi as Interim Chief Executive

Parmalat Investment Funds Said to Propose Rossi as Interim Chief Executive

10/03/2011 - 00:00
Massimo Rossi, a former manager at Swedish Match AB, will be proposed as an interim chief executive officer of Parmalat SpA (PLT) by a group of investors, according to two people familiar with the situation. read more