Richard Scheper News Today

Dairy farmers in north-western Europe could see milk production fall by as much as 20% by 2035, a new Rabobank report highlights.

Dairy co-ops in EU are "under strain" because of a structural decline in milk production according to a new report from Rabobank.

Ireland will be one of the few countries in Europe that will see stabilisation of its milk supply, as Europe’s dairy herds and milk supply are set to fall between now and 2035.

Rabobank predicts positive dairy outlook for 2024 - 28 February 2024

The Paris-based foodtech company, in which dairy major Bel Group is an investor, will use the funding to scale-up the production of casein through precision fermentation.

The Paris-based foodtech company, in which dairy major Bel Group is an investor, will use the funding to scale-up the production of casein through precision fermentation.

Dairy processors will require a "combination of carrots and sticks" to secure a reduction in farm emissions, according to a Rabobank report.

The latest Ornua PPI has seen an increase that reflects a price rise of 1.7c/L on last month - the first rise in the PPI since December.

Stronger market returns sees Ornua PPI increase for October 2023-11-08

Milk prices are "past the bottom or near the bottom", according to a leading dairy analyst who believes there are "upsides" for 2024.