Global Dairy Trade Index Extends Gains by 0.7% on August 5

The Global Dairy Trade (GDT) index rose for the second time this summer, edging up for the second consecutive week to $4,380/MT on August 5. I was up by 0.7% compared to $4,380/MT on the previous index on July 15.

The total volume sold rose to around 37,040 metric tons (MT) from 24,290 MT sold on July 15, despite fewer participating bidders.

Price changes were mixed across the products. The prices for whole and skim milk powder both extended gains on this event...

Coca-Cola Puerto Rico Bottlers’ Parent Company Buys Dairy Firm Gloria’s Assets in Puerto Rico

Peru-based Gloria Group has announced that it has divested from non-core markets like Puerto Rico to focus on regional efficiency. Its Puerto Rico business has been purchased by CC1’s subsidiary, Suiza Caribe. CC1 is also the parent company of Coca-Cola Puerto Rico Bottlers, Gloria Group announced to the Peruvian Stock Exchange.

Gloria Group is a Peruvian firm best known for its dairy brand Leche Gloria, which produces milk, yogurt, cheese, and other dairy products distributed mainly in South America...

Tariff Talks 2025: Expana's Weekly Rundown #19 

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #19."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text.

...

Tariff Talks 2025: Expana's Weekly Rundown #16

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #16."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

Canada: Gay Lea Foods Sells Grober Nutrition to CG Wellington

Gay Lea Foods, a Canadian dairy cooperative, has reached an agreement to sell its Cambridge, Ontario-based animal nutrition division, Grober Nutrition, to CG Wellington Inc., a Canadian family-owned private investment firm specializing in agriculture.

Under the terms of the agreement, Grober Nutrition will continue to operate from its existing Cambridge, Ontario location. All current employees will remain in their roles. Grober Nutrition specializes in milk replacer products used in dairy nutrition. In 2019, Grober Nutrition sold its US subsidiary to Denkavit.

Diageo Agrees to Sale of Italian Facility to NewPrinces

Formerly known as Newlat Food, an Italian food and drink company now called NewPrinces bought 100% of the share capital for Diageo Operations Italy, according to a Diageo press release which specified the inclusion of the Santa Vittoria production facility.

The site produces a range of alcoholic beverages, ready-to-drink products, and low and no alcohol products, according to a Diageo spokesperson. 

The NewPrinces Group is already a leading player in the soft drinks market in the UK, with revenues of approximately €350 million in this category alone...

Secretary Rollins Secures Greater Market Access with Costa Rica for US Dairy Industry

Under U.S. Secretary of Agriculture Brooke L. Rollins’ leadership, American dairy producers will have greater market access as Costa Rica has approved the first U.S. dairy facility to be registered under their new streamlined approval process. The Trump Administration continues to break down non-tariff barriers, and this latest action is the first of many wins ahead for American dairy producers.

“Under President Trump’s leadership, USDA is putting Farmers First. Securing greater market access for American dairy farmers is a much-needed win for the U.S. dairy industry and will give our...

US Valentine's Day Index 2025

As Valentine’s Day traditionally provides a boost for restaurants and confectionary retailers, Expana has analyzed the key commodities associated with this holiday.

Expana’s US Valentine's Day Chocolate Index consists of cocoa beans, sugar, and skimmed milk powder (SMP). In addition, consumption of strawberries increases during the Valentine’s Day period, and vanilla is widely used in preparation of cakes and chocolates. As a result, Expana has included the prices of these commodities separately in this report.

Although US consumers and retailers will welcome more affordable meal prices than in 2024, the cost of confectionery this Valentine’s...