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... fao’s global dairy price index, which consists of butter, skimmed milk powder (smp), whole milk powder (wmp) and casein price quotations, dropped to an average of 229 points, following an average of 234 in february

... westbury dairies will remain strategically important for both milk link and first milk and it will continue to provide long term balancing requirements for both businesses, along with arla in line with their strategic requirements ... the addition of arla to the joint venture will reduce the share of the costs borne by the original shareholders, milk link and first milk, and provide a more economic balancing solution for all three businesses ... as such, it will continue to play an important role in providing the key balancing capacity necessary for the british dairy industry to meet its annual peaks in production, particularly in support of the fresh liquid milk market ... looking forward, all three parties will work to explore ways to develop further the potential of the westbury site to complement its existing skimmed milk powder and bulk butter production capabilities ... westbury undertakes a very valuable role as the country’s major milk balancing facility ... this joint venture with milk link and first milk in westbury dairies will give us access to the high quality balancing facilities which we require, following the closure of our northallerton creamery

... first milk and milk link have agreed for arla foods to become a shareholder in westbury dairies, the co-operatives' skimmed milk powder and bulk butter venture ... the deal consists of first milk and milk link agreeing to sell a minority share in the company to arla ... "westbury dairies will remain strategically important for both milk link and first milk and it will continue to provide long term balancing requirements for both businesses, along with arla in line with their strategic requirements," a statement said today (14 september) ... "the addition of arla to the joint venture will reduce the share of the costs borne by the original shareholders, milk link and first milk, and provide a more economic balancing solution for all three businesses ... " the statement said that, looking forward, all three parties will work to explore ways to develop further the potential of the westbury site to complement its existing skimmed milk powder and bulk butter production capabilities ... westbury undertakes a very valuable role as the country's major milk balancing facility ... this joint venture with milk link and first milk in westbury dairies will give us access to the high quality balancing facilities which we require, following the closure of our northallerton creamery ... " sectors: dairy, mergers & acquisitionscompanies: milk link, first milk, arla foods

... cocoa powder more than doubled compared to last year's first half average price and skimmed milk powder escalated by more than 30%, the stronger ringgit against us dollar helped cushion partially these increases

... the group experienced a significant reduction in its trading volumes in the first five months of 2010 in both the branded products segment and in sales of skimmed milk powder (“smp”) ... management believes that the profitability of the smp segment may decline in the second half of the year, even if the current global prices for smp remain stable, due to the seasonal increase in raw milk prices

... the whole milk powder (wmp) market in particular has been squeezed ... the combination of cheap import prices and a switch to safer imported product continues to fuel powder imports, with chinese buying accounting for at least 75% of the increase in wmp trade growth in this quarter ... ” on the supply side, despite milk production stagnating in most of the major milk export regions, hopes of a supply reduction are yet to be fulfilled, rabobank claimed ... “brazil is so far the only region to significantly reduce milk production, some countries are yet to reduce milk supply at all and others are showing disconcerting signs of actually expanding,” hunt said ... the expansion, due to investments made during the high milk price environment is only now reaching the dairy market ... currently, relatively low milk prices pose challenging times for dairy farmers, with milk prices in some regions below cost price ... as a result, intervention stockpiles of skimmed milk powder (smp) and butter reached high levels, with smp peaking at 281,00 tonnes by mid september ... processors switched to smp and butter, leaving whole milk powder (wmp) production down by 15% in the second quarter

... arla foods ingredients has introduced a new milk protein designed to replace skimmed milk powder in meat formulations, which it claims offers better texture for less cost ... the company, based in denmark, said it combined its knowledge of milk components and its experience of working with the meat industry to develop the functional milk protein, called psmd t45, for “cost optimisation of processed meat products” ... dairy derived ingredients such as milk powder and milk proteins are subject to price fluctuations and the sector also faces growing competition from non-dairy derived alternatives, such as soy ... it claims that psmd t45 can potentially cut ingredient costs by at least 10 per cent compared to current use of milk powder because it is “more functional” ... arla said the powder has already been successfully tested in ham, pâtés, sausages, liver sausage, mortadella, frankfurters, salami and ready meals ... com that the product would be suited to almost all types of processed meat products because milk proteins have “very good functionality in binding water and emulsifying” ... he said that milk protein is typically used in meat products for functionality ... in some cases the fractionated milk protein has a similar texture and functionality as the meat and milk ingredients can also be used for taste ... he said: “the benefit of milk powder (in general) is texture and taste ... “our ingredient is produced with highly specialized and modified proteins which in many recipes has a more effective functionality and taste than milk powder ... erikstad added that psmd t45 is easily dissolved in the formulation process and can be used in the same way as other milk ingredients ... rival replacements in november john penno, head of the milk producer the synlait group, told delegates at the horizons livestock sciences conference that soy products were being developed to increasingly resemble dairy products and replace milk-based products and ingredients

... a supply and demand imbalance within the global milk ingredient market is expected to stabilise in the next few years on the back of strengthening demand in asia, suggests a new report ... in looking at the market’s prospects from 2008 up until 2011, analyst group 3a says that milk ingredient prices are proving to be volatile on the back of concerns regarding milk commodities ... while sales volumes for products like skimmed milk powder and casein are expected to maintain annual growth of about three per cent, market value was found to have fallen significantly in recent years, stated the analyst as part of a new report ... the group conceded that products such as protein isolates and hydrolysates had not proven as volatile compared to products like whole and skimmed milk powders, casein and caseinates ... according to 3a, the global value of the milk ingredient market, currently estimated at $19bn (€14bn), has fallen alongside dairy commodity prices that have almost halved since mid-2007 ... 1 million metric tonnes, of all milk ingredients traded worldwide found their way onto asian markets, said 3a by comparison, the markets of oceania – new zealand and australia – the eu and the us remain the largest suppliers of milk ingredients, exporting 1,300,000 mt, 680,000 mt and 430,000 mt respectively, according to the report ... “in the long term, the winners of the current economic downturn will be those organisations that can track and anticipate the challenges and opportunities in the milk ingredients market industry,” stated 3a

... cosucra groupe warcoing is seeking to press home the message that pea protein can be used in place of milk protein, reflecting a trend that has picked up speed in the ingredients sector in the light of high dairy prices ... milk processors have been hard hit by the recent shortage of milk availability ... meanwhile, the price of wholesale milk doubled between 2006 and 2007, which had a knock-on effect on dairy derivatives ... cp kelco also intends to use its genu pectins in yoghurts as a replacement for dairy ingredients, normally provided from skimmed milk powder or whey to provide functions such as creaminess and viscosity ... and palsgaard has introduced a new emulsifier and stabiliser system known as icetriple, which can reduce the amount of milk solids in ice creams by up to 25 per cent ... in november, adm launched a new line of soya proteins for use in place of expensive dairy ingredients or to extend milk supply ... it said that the new pro fam soya isolates and arcon soya concentrates can work out at around 20 per cent cheaper than skim milk powder and caseinates in the current climate ... high milk prices to continue in a report released last month, frost & sullivan said that food commodity and food ingredient prices are "definitely" set to remain at a high level for the next two to three years

... milk, wheat, sugar milk processors have been hard hit by the recent shortage of milk availability, which has caused prices to shoot up and has led some dairy firms to reformulate some of their products, such as arla foods ... cp kelco intends to use its genu pectins in yoghurts as a replacement for dairy ingredients, normally provided from skimmed milk powder or whey to provide functions such as creaminess and viscosity ... palsgaard has also introduced a new emulsifier and stabiliser system known as icetriple, which can reduce the amount of milk solids in ice creams by up to 25 per cent