Why is there a milk, dairy farm crisis in Pennsylvania? – York Daily Record/Sunday News

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An iconic central Pennsylvania industry is in the midst of a historic crisis, with some dairy farmers’ milk contracts being canceled and others struggling to pay bills.

“We would lose the farm,” said Alisha Risser, a Lebanon County dairy farmer who’s 17-year milk contract was recently canceled. The farm’s only customer is giving them 90 days to find another purchaser.

Farmers in several Pennsylvania counties, including Franklin, Lancaster and Lebanon, are in a similar position, with milk purchaser Dean Foods making a “difficult decision” to terminate milk procurement contracts, according to director of corporate communications Reace Smith.

More: Dairy farmers explore option of selling cows as milk prices plummet

An estimated 120 farms in several states are believed to be affected.

For those fortunate enough to have a intact contract, the industry is still brutally tough.

​”We’re unfortunately not able to cover all our bills” with the current price of milk, said Gabrielle Wentworth, dairy farmer and executive assistant for York County Agricultural Business Council. Her contract with Land O’Lakes is still in place, but she has her “fingers crossed” that things will get better in the future.

There’s not one single reason for the industry’s struggles, but there are a number of companies, groups and people who have played a significant role in the recent downturn.

“It’s not a good situation for dairymen anywhere,” said Jack Martin, a Waynesboro area farmer.

Walmart

Dairy farmers in the Midwest are benefiting from a new Walmart milk processing plant in Fort Wayne, Indiana. Their gain is likely Pennsylvania farmers’ loss.

“By operating our own plant and working directly with the dairy supply chain in the Midwest, we’ll further reduce operating costs and pass those savings on to our customers so that they can save money,” said Tony Airoso, senior vice president of sourcing strategy for Walmart.

Industry observers say Walmart’s move is a major factor in Dean Foods’ decision to end contracts this spring.

Michelle Obama

United States Department of Agriculture regulations championed by Michelle Obama and enacted in 2012 cracked down on the dairy options provided to students in schools, leaving students with less flavorful milk options.

More: 7 things you’ll see at an Amish mud sale, Lancaster County’s surreal fundraising tradition

The low-fat options allowed in schools simply don’t taste as good and fewer students are developing the habit of drinking milk, Wentworth said.

Some of those regulations have begun to be rolled back under Trump’s presidency, but Wentworth said the changes have already deeply impacted milk sales.

Trendy ‘milk’ drinkers

Almond milk, coconut milk, soy milk: they’re not technically milk, and they’re big competition for dairy products.

Forbes reports people are increasingly finding dairy alternatives to combat increasing lactose intolerance, for purported health benefits and because of sustainability concerns. It also reports that dairy has come under fire for a number of health concerns, including the industry’s use of bovine growth hormone.

Wentworth thinks the non-dairy products simply have better marketing.

But the growth of dairy alternatives is just part of bigger picture. Americans are drinking less milk than they used to: 42 percent less than they did in 1970, to be exact.

And while some dairy products like cheese and yogurt are more popular, it’s not enough to make up the difference.

The dairy industry

Demand for dairy is down, but production is up. From an economics perspective, that’s a bad place to be.

Wentworth said happy cows produce a lot of milk, so farmers like her struggle to limit milk production.

More: ‘Farm to Wok’ coming soon: P.F. Chang’s will open a central Pa. store in mid-March

But some in the industry are working to combat the oversupply.

Waynesboro area dairyman JasonMartin said Land O’ Lakes — the buyer of his milk — has a system that encourages farmers to limit their milk production. The cooperative penalizes farmers financially for producing more milk at a time when there’s a surplus at the milk plant.

Others have criticized the agricultural industry at large for its reliance on government subsidy.

“Congress Gives Massive Subsidies to Farmers — It Shouldn’t,” Daren Bakst titled his 2016 commentary on the subject for the conservative Heritage Foundation.

He believes the result of government subsidies for the industry is “less choice for consumers, distorted prices, reduced innovation, and onerous government influence over a portion of the American economy.”

Read or Share this story: https://www.ydr.com/story/news/2018/03/13/milk-check-shrinking-and-pa-dairy-farmers-crisis-heres-who-blame/404710002/

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UPDATE 1-Global dairy prices fall as New Zealand supply ramps up – Reuters

    * Global dairy prices slip 0.6 pct
    * Whole milk powder falls 0.8 pct
    * Increased supply from NZ curbs outlook for price gains -
analyst

 (Recasts, adds analyst comment, market reaction)
    By Charlotte Greenfield
    WELLINGTON, March 7 (Reuters) - Global dairy prices slipped
for the second time in a row at a fortnightly auction held early
on Wednesday morning as an influx of supply from New Zealand
curbed buying.
    The Global Dairy Trade Price index fell 0.6 percent, with an
average selling price of $3,593 per tonne, said auction platform
GDT Events.
    The index had edged down 0.5 pct at the previous sale,
snapping three consecutive auctions of gains.
    Whole milk powder (WMP), the most widely traded item, fell
0.8 percent after New Zealand dairy giant Fonterra         
increased the amount of powder on offer, though that was still a
better result than the 2.5 percent drop expected by derivatives
markets.  
    "Fonterra had increased its WMP offer volumes ahead of this
event as milk flows start to improve, so buyers are unlikely to
feel as much urgency to secure product," said Amy Castleton,
dairy analyst at AgriHQ.
    New Zealand, the world's largest dairy exporter, had
suffered from curbed supply caused by unusually dry weather late
last year, which had pushed up prices. Wetter weather in recent
weeks led to a more favorable outlook for supply, which meant
further price gains were likely to be muted. 
    "From here, we expect prices to ease further through to the
end of the season. We expect NZ production to improve on the
back of the increased rainfall. In turn, this improved
production should put modest downward pressure on prices," said
Nathan Penny, ASB economist.
    The auction results can affect the New Zealand dollar
         as the dairy sector generates more than 7 percent of
the nation's gross domestic product.
    However, Wednesday's auction had little impact on the
currency, which had soared almost 1 percent overnight on
improved global risk sentiment and a weaker U.S. dollar. 
    A total of 19,292 tonnes was sold at the latest auction,
falling 4.8 percent from the previous one, the auction platform
said on its website.   
    GDT Events is owned by Fonterra but operates independently
from the dairy giant.
    U.S.-listed CRA International Inc          is the trading
manager for the twice-monthly Global Dairy Trade auction.
    A number of companies, including Dairy America and Murray
Goulburn         , use the platform to sell milk powder and
other dairy products.
    The auctions are held twice a month, with the next one
scheduled for March 20.

 (Reporting by Charlotte Greenfield
Editing by Gareth Jones)
  
Our Standards:The Thomson Reuters Trust Principles.

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Russia postpones ban on milk and dairy products from Belarus – TASS – Reuters

MOSCOW, Feb 26 (Reuters) – Russia has postponed the introduction of temporary restrictions on imports of milk and some dairy products from Belarus to March 6, the TASS news agency reported on Monday, citing Russian agricultural safety watchdog Rosselkhoznadzor.

The watchdog had initially announced that a ban, triggered by food safety concerns, would be in place from Feb. 26. (Writing by Polina Ivanova; Editing by Katya Golubkova)

Our Standards:The Thomson Reuters Trust Principles.

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Spilled milk: Without concerted support, local dairy farms may soon … – The Keene Sentinel

S everal years ago, we said goodbye to Video Headquarters in Keene. The operation had long served the region’s video, gaming and, eventually, T-shirt needs. It had been a strong local presence, offering valuable service, while its proprietor had contributed to the community through sponsorships, donations and more. It thrived and persevered even when many thought market forces would push it out. Eventually, though, it became apparent the store’s days were numbered, for reasons its owners had no control over.

We wonder if that same writing is on the wall for the small, family-run dairy farm. The background dynamic might be different — video rentals fell victim to evolving technology and consumer habits, while the stress on dairy farms is one of market forces — but as was the case with Video Headquarters, the iconic family dairy farms once so plentiful here are either disappearing or finding themselves scrambling to adapt to niche markets.

Last week, we detailed the auction of more than 1,100 dairy cows that were the property of Stoneholm Farm in Putney, Vt. That farm is being sold, piecemeal, after generations of operation in West Keene by the Barrett family. The property is being sold and may still be used for dairy farming, but if it is, it might well be as part of the organic dairy sub-industry that’s keeping many small farms afloat. Or it might cater to some niche dairy market, like Hinsdale’s Echo Farm, which has carved out a name as a pudding manufacturer.

The reality is that smaller farms — yes, including those with “only” 1,100 cows — are falling victim to the industry’s economics.

The prime concept of economics is supply and demand: If demand exceeds the supply, prices rise; if the supply exceeds demand, prices drop. But within the dairy industry, this basic dynamic becomes more complicated. To begin with, while there’s plenty of demand for milk and other dairy products, that demand is predicated largely on the price remaining low. If milk is expensive, shoppers simply choose juice or soda or other beverages. That could drop the price so low that farms cannot succeed. So the government historically has stepped in to ensure farmers receive a price that allows them to survive and keep producing. But in the past decade or so, those protections have become more precarious, where they exist at all.

Add to that the changing economies of scale — it’s less expensive to produce milk if you have more cows, especially if you also treat them poorly to maximize production. So huge dairy farms have become the major players in the industry, to the point not only of having a built-in economic advantage, but also to where they have such influence as to direct regulation in their favor. Five dairy operations now control 44 percent of the industry.

Between 1992 and 2012, the country lost more than 250,000 midsize and small commercial farms, according to the U.S. Department of Agriculture. During that same period, The Washington Post reported, more than 35,000 very large farms started up, and the large farms already in existence consolidated their acreage.

Many think of New Hampshire and Vermont as agricultural holdovers. Asked to picture the twin states, it’s easy to conjure images of wooden-rail fences, big red barns, feed silos and black-and-white Holsteins. But Vermont ranks only 17th in dairy production and New Hampshire 37th among U.S. states. It may be our heritage, but whether it’s our future is certainly in doubt.

The good news is that the demand for milk and other dairy products isn’t going away, as has the need for VHS or DVD rentals. The question is what adaptations are needed to keep local farms in business.

The aforementioned organic movement offers some respite, for now. By adhering to its stringent processes, organic farmers can charge more for their product. But there’s a law of diminishing returns there; the more organic milk becomes available, the less prestigious it becomes, lowering the price. And in any case, the major players have taken notice of how lucrative organic products can be, which will eventually undermine the smaller farms.

The local food movement holds promise; more people, in this region and elsewhere, are consciously choosing to consume products grown or produced nearby. That may help keep some farmers afloat. To really have an effect, it will require far more shoppers to pay close attention to where their dairy products come from, and they may pay a premium for those products.

So, support local dairy farms when and if you’re able. And when you drive past those rolling fields, barns, silos and cows, enjoy them. While you can.

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Value-added dairy products earn more green by going green – vtdigger.org

News Release –Department of Environmental Conservation
February 6, 2018

Contact:
Celia Riechel
Department of Environmental Conservation
802-477-2669
[email protected]

Montpelier – A typical tourist trip to Vermont might include hiking on the Long Trail, skiing at one of our many resorts, fishing for wild brook trout, visiting a farm, and sampling some of the finest cheese, yogurt, and ice cream. People come to Vermont because it represents a vibrant counterpoint to the narrative, so prevalent elsewhere, that agriculture and the environment cannot coexist. Here in Vermont, environmental and agricultural excellence can be mutually reinforcing.

The Sustainable Dairy Products: Northeast Summit, to be held February 12th in Norwich, will dive into effective strategies to strengthen businesses by going green. The Summit will provide a comprehensive look at energy efficiency, wastewater, cleaning/sanitation, and pollution prevention, and bring together experts, organizations, and other resources to help dairy processors flourish economically and environmentally.

“No industry better exemplifies the importance of getting environment, agriculture, and economy right than the dairy industry, which accounts for 7% of the Vermont economy. Building on the continued effort of the industry, we will see even greater results,” said Anson Tebbetts, Secretary of the Agency of Agriculture, Food & Markets (AAFM).

Value-added dairy products like cheese and yogurt are a growing sector in Vermont. Many new manufacturers are emerging, and many farmers are exploring value-added products as a source of additional revenue to help maintain the viability of family farms. “As dairy products businesses start and grow, they face many questions about how to reduce their environmental impact through best practices and compliance,” said Tom Bivins, Executive Director of the Vermont Cheese Council. The Summit will help answer those questions and will show how even smaller operations have opportunities to cut waste and adopt more sustainable production methods that save money.

The Summit is one example of how Vermont’s state agencies are reaching out to help food manufacturers. It is part of a growing partnership between the Agency of Natural Resources and AAFM that reflects the interdependence of agricultural, environmental, and economic prosperity, and the importance of environmentally sustainable operations that strengthen the Vermont brand.

Processors in nearby states are invited to the Summit. “Vermont is a nationally-recognized agricultural and environmental leader; other parts of the northeast want to learn how to foster a dairy products sector that reflects the values of environmental sustainability, local food, and vibrant economies,” said Terri Goldberg, Executive Director of the Northeast Waste Management Officials’ Association (NEWMOA), which is co-hosting the Summit. “We are collaborating with Vermont on the Summit to support our sustainability and pollution prevention mission and to better leverage expertise across the region.”

The Summit is just a starting point. Through its Environmental Assistance Office, the Department of Environmental Conservation will continue to help dairy products manufacturers understand regulatory requirements and improve practices, through site visits, online workshops, and other outreach.

For more information and to register to attend the Sustainable Dairy Products: Northeast Summit, visit www.eaovt.org.

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IDFA Recognizes Brian Kraus with Award for Food Safety Leadership – Dairy Herd Management

Brian Kraus, director of food safety and regulatory compliance with Wells Enterprises, Inc., received the International Dairy Foods Association’s Food Safety Leadership Award this week at Dairy Forum 2018 in Palm Desert, Calif. The award honors an individual, group or organization for demonstrating outstanding leadership in enhancing food safety within the dairy products industry, and Kraus has been a driving force for excellence in food safety for more than 30 years.

“I am honored to present this year’s award to a consummate food safety professional who is always willing to help out. He is well-known throughout the industry for his expertise and leadership,” said Alan Thomsen, president and CEO of Schoep’s Ice Cream Co., Inc., and IDFA board member, who presented the award. “Brian Kraus has devoted his career to finding the best ways for manufacturers and processors to keep food safe for consumers.”

During his tenure with Wells Enterprises, Kraus has built a strong food safety culture throughout the organization and has emerged as a leader for the broader dairy products industry. He has trained more than 60 Wells employees on effective preventive controls in ice cream production and serves as a subject matter expert and trainer in a number of dairy industry food safety programs. Kraus is engaged with the industry’s Listeria Research Consortium, a group working to find new and innovative solutions for the control of Listeria monocytogenes, and he is involved in research on the control of persistent Listeria in dairy processing environments.

In addition, Kraus has provided his company and the industry with a much-needed tool for verification and validation in allergen control programs.

Photos from the award presentation are available upon request. Contact Marti Hogan, IDFA director of communications, at mhogan@idfa.org.

Nominations for the 2019 Food Safety Leadership Award will open this summer.

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NamYang Dairy Products Co., Ltd (003920) Declined -2.01% on Dec 3 – UtahHerald.com

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Stock News

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December 3, 2017 – By Darrin Black

Shares of NamYang Dairy Products Co., Ltd (KRX:003920) last traded at 681000, representing a move of -2.01%, or -14000 per share, on volume of 1,165 shares. After opening the trading day at 695000, shares of NamYang Dairy Products Co., Ltd traded in a close range. NamYang Dairy Products Co., Ltd currently has a total float of shares and on average sees 948 shares exchange hands each day. The stock now has a 52-week low of 637000 and high of 965000.

KOSPI: Building Up South Korean Economy

One of the fastest growing economies in Asia is that of South Korea. NamYang Dairy Products Co., Ltd and other companies prefer to be the constant members of its trades. The country is home to not just a compelling tourism industry but also to a thriving corporate sector. Frankly speaking, it has a limited experience in the national equity market front compared to other nations such as Japan and China. Nonetheless, this does not limit South Korea’s potentials and long-term prospects.

South Korean Trade and Commerce

Trade and commerce in South Korea is just as competitive as it can get in bigger nations with bigger economies. Reliability of NamYang Dairy Products Co., Ltd earn it place inside the market. That is all thanks to the Korea Exchange (KRX).

The KRX is composed of three divisions: the Derivatives Market Division, the KOSDAQ Market Division, and the Stock Market Division.

The Stock Market Division of the KRX is where all publicly traded companies are listed. Tracking their respective performances is the Korea Composite Stock Price Index (KOSPI).

The KOSPI was first published in 1983 but its base date goes back as early as 1980. It monitors all publicly traded companies listed on the Stock Market Division of the KRX as a market-capitalization-weighted index. The base value is 100.

With more than 700 components, the KOSPI had to be divided into sub-indices for better indication. These sub-indices are the KOSPI 200, the KOSPI 100, and the KOSPI 50. These measure the top 200, top 100, and top 50 companies listed on the Stock Market Division of the KRX, respectively. A stock cannot be included in both the KOSPI 100 and the KOSPI 50 if it is not included in the KOSPI 200. Similarly, it cannot be included in the KOSPI 50 if it is not included in the KOSPI 100. This structure allows NamYang Dairy Products Co., Ltd to receive more investors.

Significant Figures

The KOSPI had attained its all-time low of 93.10 in January 1981. Decades later, it had attained its all-time high of 2,228.98 in May 2011, four years after it had first touched the 2,000 mark.

The KOSPI had its biggest one-day surge on June 17, 1998. It had risen 8.50% or 23.81 as the South Korean economy healed from the repercussions of the financial crisis in Asia, which had rooted from Thailand.

On the other hand, its biggest one-day drop had happened on September 12, 2001, a day after the twin towers in the US had been attacked. The tragedy had caused global economy turmoil as investors panicked amid the threats.

The KOSPI 200 currently accounts for about 70% of the overall market capitalization on the Stock Market Division of the KRX. It has an all-time low of 31.96, which was last seen in June 1998; an all-time high of 100, which was last seen in April 2007.

Asia is widely expected to account for more than quarter of the global financial wealth by 2019. This is why investors are looking forward to invest in leading Asian countries with the capabilities to realize long-term prospects. They check the liquidity of NamYang Dairy Products Co., Ltd.

There is no better time to enter the South Korean equity market than today. At a time when the Asian economy is swelling with massive economic gains across leading countries, it is only ideal for investors to bet on the South Korean economy.

Another recent and important NamYang Dairy Products Co., Ltd (KRX:003920) news was published by Ft.com</a> which published an article titled: “Chaebol under fire amid South Korean scandals” on July 16, 2013.

NamYang Dairy Products Co., Ltd produces and sells dairy products in South Korea. The company has market cap of $462.88 billion. The Company’s products include baby food, coffee, milk, yogurt, cheese, soybean milk, and cream and butter, as well as ketogenic dietary food. It currently has negative earnings.

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Chocolate-covered cherries recalled because of dairy allergen – Traverse City Record Eagle

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TRAVERSE CITY — Shoreline Fruit, based in Traverse City, is voluntarily recalling some dark-chocolate-covered cherry products because of an undeclared milk/dairy allergen.

People who have an allergy or severe sensitivity to milk/dairy products run a risk of serious or life-threatening allergic reaction if they consume the products, a Nov. 1 posting on www.fda.gov states.

Recalled products were sold as Shoreline Fruit bulk and Cherry Bay Orchards brands. Affected products are:

— Dried Dark Chocolate Covered Cherries 6 oz., UPC product code 8 46659 00048 6.

— Dried Dark Chocolate Covered Cherries 24 oz., UPC product code 8 46659 00039 4.

— Shoreline Fruit Dark Choc Covered Montmorency Cherries 25 lb., UPC product code CHDC025Z.

The products are packaged in 25-pound corrugated boxes and 6 oz. and 24 oz. stand-up pouches, and are labeled as indicated above.

The products were sold across the U.S. at wholesalers, retailers and specialty food stores. No related illnesses had been reported as of Tuesday.

The recall is an extension of an Oct. 27 recall announced of some GKI Foods LLC products. GKI is based in Brighton.

Consumers who purchased any of these products should discontinue use immediately and return the products to the place of purchase for a full refund.

Consumers with questions regarding this recall should contact Shoreline Fruit at 800-836-3972, Monday through Friday between 8 a.m. and 5 p.m. EST.

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National Dairy Products: Director Violetta Esposito says she had no industry experience – ABC Online

Farmers say money owed to them funded lavish lifestyle of NDP owners

A former director of a failed Victorian dairy business has told a court hearing into the company’s collapse that she had no experience in the dairy industry and did not understand her obligations as a company director.

Key points:

  • Violetta Esposito questioned over money transferred from dairy company which was used for cosmetic surgery and holiday
  • Ms Esposito admits she had no experience in dairy industry
  • Violetta and Tony Esposito spent almost $50,000 at luxury hotel

Violetta Esposito, fiancée of National Dairy Products co-founder Antonio “Tony” Esposito, also admitted under questioning that money transferred out of the firm’s accounts to repay a loan had been used to pay $25,000 to a Melbourne cosmetic surgeon and fund a $50,000 holiday at Crown Towers.

Those loan repayments were being made while dairy farmers who supplied National Dairy Products went unpaid.

Ms Esposito, who became a director of National Dairy Products after her fiancé was temporarily declared bankrupt, appeared in Melbourne’s Supreme Court on Tuesday to give evidence in a liquidator’s examination into the company’s demise.

National Dairy Products collapsed in November last year owing millions to Victorian dairy farmers.

Ms Esposito told the court that she had previously worked at a record store and in a factory assembling car parts before meeting Mr Esposito five years ago.

At the time, Mr Esposito was the owner of another dairy business called United Dairy Power (UDP).

Tony Esposito walks down a street in a half unbuttoned shirt and suit jacket.

The court heard he sold that business to a Chinese consortium in February 2014 for $70 million, only for UDP to collapse in May 2015.

Under questioning by Carl Moller, the barrister for liquidators from Deloitte Australia, Ms Esposito said that she did not know what National Dairy Products did or why the business was established.

She claimed not to know if the business had customers, where its offices were or who its suppliers were.

Ms Esposito said she became a director of the company following a conversation with her fiancé, during which he explained that she would have no authority or involvement in the firm.

Despite this, the court heard it was Ms Esposito who called in administrators to the company after a number of its key suppliers refused to provide it with milk after the company failed to pay them.

Ms Esposito told the hearing she did not understand what voluntary administration was and could not remember who had made the decision to wind the company up.

Ms Esposito said she was unsure if she was the director of a number of other companies linked to her fiancé.

She told the court she and Mr Esposito were currently unemployed and living off the proceeds from the sale of UDP.

Violetta Esposito is dressed in black and walks away from the camera into court.

Couple spends almost $50,000 at luxury hotel

Ms Esposito was questioned at length about a holiday she and her fiance took to Melbourne’s Crown Towers hotel in March 2016.

Following a $50,000 payment from National Dairy Products, the couple spent $49,811 over three days at the luxury hotel.

The court heard that the money spent at Crown was likely to have been from National Dairy Products.

Ms Esposito could not recall how long they had stayed at the hotel and did not know whether the trip was related to pending bankruptcy proceedings against Mr Esposito.

In May, ABC’s 7.30 program revealed internal company emails and bank statements which showed that Mr Esposito withdrew $325,000 from the business over just four months between July and October 2016.

At the time, Mr Esposito said the money was part repayment of the $8 million he loaned the company.

Tony and Violetta Esposito's Melbourne home in the beachside suburb of Brighton

Under questioning by Mr Moller on Tuesday, Mr Esposito denied running National Dairy Products, telling the hearing he had only financed the company and acted as an unpaid adviser.

Mr Esposito said the company’s chief executive officer, Darryl Cardona, would consult him “from time to time” about what was happening in dairy markets.

Mr Esposito told the court that the company hit financial problems when the dairy price crashed in 2016.

He said he was surprised when a number of the dairy farmers who supplied the company announced in November last year that they were walking away from their agreement because of non-payment.

Mr Esposito said that he had told the farmers that he was about to sell a property in Williamstown and was planning to put the proceeds into NDP, but the farmers walked away prior to settlement.

The property sold for more than $2 million just days after administrators were appointed to the company.

Mr Esposito will continue giving evidence in November.

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Dairy Products Prices Seen Going Up by 10% in 2017 – Novinite.com

Dairy products are by 10% more expensive this year compared to the prices in 2016, the State Commission on Commodity Exchanges and Markets said on 16th of October. In the BNT’s morning show, the chairman of the Commission, Vladimir Ivanov, said that largest increase was reported for the prices of butter but the prices of cheeses and yellow cheeses have gone up as well. According to experts, the main reason for this is the shortage of milk and the increase of its price in Bulgaria and on the European markets. Milk is the main source for making butter. In addition, the demand for milk is continuously increasing as it is the main ingredient to make chocolate.

Prices of cheese and dairy products have gone up by 9-10% compared to 2016 levels. Yogurt prices have increased by 3-5%.

Because of the more expensive dairy products, many people, especially in the villages, make their own cheese, butter and cottage cheese. It takes long but the products are delicious and of very good quality. Residents of the village of Tserovo, Blagoevgrad region, say 8 litres of milk are needed to prepare 1kg of cheese and 11 litres of milk to prepare 1 kg of yellow cheese. It is a lot, but it’s worth all the effort, they comment.

Source: The Bulgarian National Television

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