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Dairy milk problem clarified

January 22 2015

China - The issue of dairy farmers having difficulty in selling their milk in some regions of the country is not necessarily due to imports of dairy products, Shen Danyang, spokesperson for the Ministry of Commerce, said at a news conference in Beijing on Wednesday..Read more

AMUL aims at Rs 50,000 crore in next five yrs

January 22 2015

INDIA -According to R.S. Sodhi MD of the Gujarat Cooperative Milk Marketing Federation (GCMMF), Amul’s yummy ice cream with the short phrase ”the taste of India” would soon gain further ground in business across the country. The Amul is planning to open nearly 10,000 new preferred outlets and about 1 thousand new ice cream parlours..Read more

Amul plans 10 new dairy plants as boss seeks to attract more farmers

January 22 2015

INDIA - Indian dairy giant Amul will invest Rs5,000 crore (US$812m) on around 10 milk processing plants over the next year as it targets revenues of 10 times that investment by 2020. Addressing a conference in Mumbai this week, Amul managing director RS Sodhi said the plans included two plants in Delhi,..Read more

Australian Dairy Delegation Visits Gujarat

January 22 2015

INDIA - Looking for opportunities in the dairy sector, a 25-member Australian delegation visited Gujarat's dairy farm, Dudhsagar Dairy in Mehsana district. The delegation is part of 450 member Australian delegation touring India for business prospects. Australian companies are looking for opportunities in areas of dairy breeds, genetics,..Read more

Arla to integrate its dairy business interests in Asia

January 22 2015

Arla Foods is integrating its dairy business operations in China and South East Asia within a new regional market concept called Business Unit Asia. The regional office will be placed in Kuala Lumpur, Malaysia, as of March 1, 2015. The international dairy company is confirming that Asia is vital to its ambitions for growth..Read more

Dairy prices rise again, but payout likely to fall; China property market gains, growth better than expected; IMF downbeat; UST 10yr yields fall; NZ$1 = 76.9 USc, TWI = 79.2

January 22 2015

New Zealand - Here's my summary of key issues that affect New Zealand overnight with news of another small rise in dairy prices. The overnight Fonterra auction saw prices rise +1% although the important wholemilk powder price was up +3.8%. At the same time the NZ dollar fell a bit more than half a cent so that means that..Read more

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