The U.K. dairy industry may be able to look forward to a less volatile market given Sainsbury's new pledge to work directly with hundreds of dairy farmers. The deal, among other changes in the industry, should help stabilize the supply chain and increase milk prices for producers.
Self-described cowboy and new president and COO of Cold Stone Creamery Jim Flaum must figure out how to deal with sliding sales and complaints the company is trading growth for profits. Flaum plans to focus on the ice cream chain's franchisees, give employees skills beyond scooping ice cream and create products aimed at younger customers.
Hilmar Cheese Co., owner of the world's largest single-site, cheesemaking operation, has found a new home in California. Hilmar's presence is one of many factors driving the state to the front of the race to become the nation's leading cheese producer, other factors include a plentiful milk supply, a growing nationwide cheese appetite and creative marketing.
Beverage companies from Pepsico and Coca-Cola to Dean Foods and Bravo! Foods are launching indulgent, milk-based drinks and expanding into the dairy market. Pepsi, for example, is testing the flavored milk drinks Quaker Milk Chillers in several markets and plans to launch a line of milkshakes with Ben & Jerry's later in 2006.