Agri-Business
GDT has announced that US dairy processor, Darigold, Inc. will be offering skim milk powder (SMP) at GDT events from June 2023.
Dairy
Urgent changes are needed to the proposed APS scheme from the European Commission for dairy produce, according to ICOS.
Although there has been some recovery in EU dairy prices over the past year, the European Commission's EU Agricultural Outlook report suggests that it could be a difficult year ahead.
Europe must move to sell some of the skimmed milk powder stocks currently held in intervention, Michael Hanley, CEO of Lakeland Dairies, has warned.
Reports that the 2018 intervention for skimmed milk powder will be via tender rather than the regulation price are 'deeply concerning'.
The ongoing managed release of Skimmed Milk Powder by the European Commission has been described as prudent and careful.
Domestic milk intake by creameries and pasteurisers was estimated at 349.7m litres for November 2016, the latest figures from the CSO show
As was expected the European Commission will propose a further increase in the intervention ceilings for Skimmed Milk Powder up to 350,000t.
At the most recent meeting to the EU Milk Market Observatory (MMO) highlighted the current high EU Skimmed Milk Powder (SMP) stocks.
While global milk production eased in March, this did not bring about a commensurate strengthening in all dairy commodity prices
Imports of whey powder to Ireland jumped by 52% to 32,543t according to figures from Europe.
