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Russian and Belarusian cheesemakers get super profit

Russian and Belarusian manufacturers of cheeses gained from trading embargo of Moscow the most.  Profitability of the production is very high. Prices for raw milk have especially not grown, and...

 
US Butter prices on the rise as demand spikes

America’s love of butter is making shoppers feel tight around the money belt as the price of the creamy yellow stuff soars. A pound of butter is going for as&...


EU closes private aid storage for cheese

As of today September 23, the Private Storage Aid (PSA) scheme for cheese has ended. The measure which was created in response to the Russian sanctions imposed at the start of August, the EU Commissi...

 
Fonterra Drops Farm Milk Price

Falling world milk prices have led to Fonterra lowering its farmgate milk price for the coming season by 70 cents. Fonterra chairman John Wilson said the review, which takes the 2014/15 season price...

 

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