Bakers prefer butter, helping prices soar
Consumers around the world are willing to pay more for products containing dairy and this is driving demand for butter and cream, says Fonterra.
Leaders from the global dairy community will gather in Israel later this year for the International Dairy Federation (IDF) World Dairy Summit.
Hosted by Israel for the first time, the week-long event will also be attended by agricultural ministers from Israel and around the world.
The Israel National Committee of IDF and the Israel Dairy Board (IDB) will organise the Summit with the technical collaboration of the Food and Agriculture Organization of the United Nations (FAO). The theme of this year's Summit is "The Future Begins Here," and will focus on the industry's readiness in coping with the challenges of feeding the world's growing population.
IDF president and Fonterra's chief scientist Jeremy Hill says the Israeli organising committee is building an attractive and innovative program.
"It promises to educate and challenge our thinking on the opportunities and issues faced by the dairy sector. It will be a fantastic opportunity to be exposed to both global and local perspectives, further your knowledge and expand your network," Hill says.
Workshops at the event will focus on different aspects of increasing the efficiency of dairy production and how they relate to the problems of food supply, including farm management, economics, animal health, genetics and environment.
The Summit will be held in Tel Aviv October 27-31. www.idfwds2014.com
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