03 Jun 2020
As anticipated, global dairy prices softened considerably through Q2. According to Rabobank’s Dairy Quarterly Q2: Beyond the tipping point, prices fell as a result of improved milk production in export regions and the easing of forward purchasing by China. These mechanisms freed more product for other buyers and lowered the…
Dairy Crest, the leading UK-owned dairy foods company, has announced that it has entered into a partnership with Fonterra, the world’s leading dairy exporter. Fonterra will market and sell two products for the fast growing global infant formula market. Dairy Crest had previously announced a £45 million investment to manufacture…
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