The Dairy Management Incorporated’s New Product Competition is accepting applications for innovative products that focus on dairy’s qualities related to calming. The program used to be known as the National Dairy Council New Product Competition. It’s open to U.S. undergraduate and graduate students to develop products in line with industry and consumer insights to uncover innovative dairy-based products that offer calming benefits. Research shows that, with a heightened emphasis on mental and emotional well-being, consumers are looking for products that calm. There is projected growth associated with products that calm, and these are of particular interest to Gen Z consumers. Successful entries will demonstrate innovation and provide value to consumers. The judging panel includes experts from across the dairy industry. The winning team will earn $8,000, with second place receiving $5,000, and $3,000 going to third place. The application deadline is January 16, 2023. For more information, go to usdairy.com.
Friday Closing Dairy Market Update - Quiet Close to the Week
GENERAL OVERVIEW: It was a day without much fanfare as milk futures closed mixed. The only excitement for the day and the week was n...
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GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
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California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
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GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...
