Dealing with the global milk protein glut

(Photo by Mike Mozart, Flickr, CC BY 2.0)

In the dairy food value chain processors play an integral role in product development. Dairy product development puts dairy components in protein bars, protein powder, ice cream, yogurt and baby formula. to name just a few.

At Farm Journal’s MILK Business Conference, attendees heard from Micheal Dykes, President and CEO of the International Dairy Foods Association.

Shaun Haney caught up with Dykes following his participation in a panel that included fellow dairy industry CEO’s Tom Vilsack, and Jim Mulhern.  

The duo discussed:

  • The economic health of dairy processors in the United States;
  • Merger and acquisition activity in the dairy processing industry (and whether or not we can expect to see more going forward);
  • Supply management — does it create interest or deter investment in the Canadian markets;
  • The International Dairy Foods Association’s position on what needs to happen in the NAFTA talks, particularly in relation to market access, class 7 pricing and supply management.

RealAgriculture News Team

A team effort of RealAgriculture's videographers and editorial staff to make sure that you have the latest in what is happening in agriculture.


Wheat prices jump into August — This week in the grain markets

This week, winter wheat prices touched a three-year high, but it didn’t last. Chicago SRW wheat prices for September 2018 gained 5 per cent or about 26 cents US/bushel to close at $5.56. While the December 2018 contract was up 5.4 percent — or nearly 30 cents — to finish a tad under $5.80. In…Read more »


Leave a Reply


This site uses Akismet to reduce spam. Learn how your comment data is processed.