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Thurs 17th May 2012
Dairy
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Pressures tell on dairy groups as prices fall anew

Europe's Arla unveils $85m in cost cuts, and US-based Land O'Lakes reeals a profits fall, even as dairy prices drop to a near-three-year low

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Trigon fuels agri deal wave with dairy IPO plans
The Russian farm operator says it may float its dairy business, which it plans to make Europe's biggest
NZ dairy herd grows 10 times as fast as human one
New Zealand's dairy cattle now outnumber its human residents by 1.4 to one, encouraged by high milk returns, and at the expense of sheep and beef
Dean Foods lifts guidance, sending shares soaring
Dean Foods stock hits a two-year high after the dairy giant, boosted by falling milk costs, says its "cautious optimism has turned less cautious"
Milk price slide highlights protein vs fat divide
It is "easy to see why", looking at prices, New Zealand has focused on breeding cows producing higher levels of milk proteins, rather than fats
Output rises to extend drop in dairy prices - UN
Already, buyers are withholding purchases in expectation of price falls to come, the UN's Food and Agriculture Organization says
Milk market cautious despite rise in China imports
Chinese dairy imports soared 25% last month. But that does not mean that producers can bank on a price rebound at a dairy auction on May 1
Dairy Crest cut to milk price branded 'outrageous'
The National Farmers Union says it is to seek talks with the UK government after Dairy Crest cuts milk prices to farmers, at four days' notice
Beef importers mull response to US mad cow case
Many leading importers say the US finding of a cow with BSE will have no impact on trade. But Russia has yet to decide, and two Korean retailers act
Dairy prices tumble to lowest since 2009
Dairy prices drop 10% at the latest globalDairy auction, led by falls of more than 10% in prices of cheddar cheese and whole milk powder
Danone milks soaring US appetite for Greek yoghurt
The dairy giant reveals a doubling in US sales of its Oikos brand, and pulls out of a slide in Russia, but flags Europe as a "point of caution"
Dairy Crest plans closures as it loses Tesco deal
The UK dairy group plans to close two factories and bolster profitability in a sector whose "challenges" are underlined by the loss of a milk contract
End may be nigh for New Zealand milk output spurt
The end of the La Nina - which is bringing needed moisture to US crops - looks less of a boon to Australian and New Zealand dairy farmers
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