scholarly journals PRICE TRANSMISSION OF SKIM MILK POWDER IN INDONESIA: DO SKIM MILK POWDER IMPORT PRICES FOLLOW THE PRICES IN NEW ZEALAND?

2014 ◽  
Vol 4 (2) ◽  
pp. 171-192
Author(s):  
Venty Fitriany Nurunisa ◽  
Bonar Marulitua Sinaga ◽  
Ratna Winandi ◽  
Bernhard Brummer
Keyword(s):  
New Zealand ◽  
Market Integration ◽  
Milk Powder ◽  
Skim Milk ◽  
Skim Milk Powder ◽  
Price Transmission ◽  
Vector Error Correction ◽  
Long Run ◽  
Augmented Dickey Fuller ◽  
Johansen Cointegration Test

The objectives of this research are i) to examine New Zealand's dairy sector and ii) to analyze the market integration and price transmission of Skim Milk Powder (SMP) of New Zealand and Indonesian market. The methods used are Augmented Dickey Fuller test, Johansen Cointegration test, and Vector Error Correction Model. The result indicates: 1) as trade partner, New Zealand is powerful due to its status as the largest dairy producer worldwide; therefore, Indonesia has less bargaining power and 2) The SMP market of both countries are integrated. The coefficient of long run equation variable indicates that every 10 percent changes of one market, the imported SMP price will adjust 10.97 percent, while the exported SMP price will adjust 9.12 percent. The loading vector coefficient indicates that Indonesia is the only party adjusting to long run disequilibrium. Policies to minimize the risks includes: i) buffer budget, ii) alternative suppliers and iii) futures trade.

scholarly journals Spatial Price Dynamics and Asymmetric Price Transmission in Skim Milk Powder International Trade: Evidence from Export Prices for New Zealand and Ireland

Agriculture ◽  
2021 ◽  
Vol 11 (9) ◽  
pp. 860
Author(s):  
Huidan Xue ◽  
Chenguang Li ◽  
Liming Wang
Keyword(s):  
New Zealand ◽  
Market Competition ◽  
Milk Powder ◽  
Skim Milk ◽  
International Markets ◽  
Skim Milk Powder ◽  
Price Transmission ◽  
Price Dynamics ◽  
Export Prices ◽  
Spatial Price

A fast-changing global landscape highlights the importance of understanding spatial price dynamics in key international markets such as China, especially in the era of COVID-19 pandemic with international food trade and food system experiencing an unprecedented challenge. Nowadays, New Zealand’s dominant position in China’s dairy import market is being challenged by European Union (EU) dairy exporters leading to intensified market competition. Using monthly export data of skim milk powder (SMP), we applied threshold cointegration models along with asymmetric error correction models to examine spatial price dynamics and price transmissions of New Zealand and Ireland in Chinese and global markets. We found that New Zealand’s export prices retain their leadership position in China, Ireland’s export prices are well more aligned with those in international markets. In terms of own-country price transmission, Ireland’s relatively symmetric and swift adjustments were found to contrast with New Zealand’s SMP export prices, which displayed more asymmetric price transmissions.

Kinematic viscosities of New Zealand skim-milk

1978 ◽  
Vol 45 (1) ◽  
pp. 25-35 ◽  
Author(s):  
J. H. Buckingham
Keyword(s):  
New Zealand ◽  
Seasonal Variations ◽  
Kinematic Viscosity ◽  
Milk Powder ◽  
Skim Milk ◽  
Skim Milk Powder ◽  
Total Solids ◽  
Solids Concentration ◽  
Powder Manufacture ◽  
Single Batch

SummaryThe variation in kinematic viscosity (ν) with solids concentration and temperature has been determined for native skim-milk concentrates and reconstituted New Zealand skim-milk. Below 40% (w/v) total solids, samples reconstituted from a single batch of skim-milk powder model the behaviour of native concentrates obtained from an evaporation plant at all times of the year. Above 40% (w/v) agethickening and seasonal variations in the viscosity of native concentrates become significant. Age-thickening can be reduced by cooling the concentrate. These results are discussed in relation to milk powder manufacture.

scholarly journals Price transmission in the international skim milk powder markets

2016 ◽  
Vol 48 (54) ◽  
pp. 5233-5245 ◽  
Author(s):  
Panos Fousekis ◽  
Emmanouil Trachanas
Keyword(s):  
Milk Powder ◽  
Skim Milk ◽  
Skim Milk Powder ◽  
Price Transmission

scholarly journals Dairy product production and lactose demand in New Zealand and Ireland under different simulated milk product-processing portfolios

2016 ◽  
Vol 55 (2) ◽  
pp. 126-135 ◽  
Author(s):  
N.W. Sneddon ◽  
N. Lopez-Villalobos ◽  
R.E. Hickson ◽  
S.R. Davis ◽  
U. Geary ◽  
...  
Keyword(s):  
New Zealand ◽  
Dairy Product ◽  
Milk Powder ◽  
Dairy Industry ◽  
Skim Milk ◽  
Skim Milk Powder ◽  
Product Portfolio ◽  
Milk Product ◽  
Sector Model ◽  
The Impact

Abstract Maximising dairy industry profitability involves maximising product returns for a specific set of costs or minimising costs for a certain level of output. A strategy currently utilised by the New Zealand dairy industry to optimise the value of exports is to incorporate imported lactose along with local milk to maximise the production of whole milk powder (WMP) while complying with the Codex Alimentarius (Codex) standards, in addition to increasing the exported product for every litre of milk. This study investigated the impact of different product portfolio strategies on lactose requirements for the Irish and New Zealand dairy industries for current and predicted 2020 milk output projections. A mass balance processing sector model that accounts for all inputs, outputs and losses involved in dairy processing was used to simulate the processing of milk into WMP, skim milk powder (SMP), cheese, butter and fluid milk of different proportions. All scenarios investigated projected an increase in production and revenue from 2012 to 2020. Higher cheese production reduced industry lactose demand through whey processing, while scenarios reliant on an increase in the proportion of WMP were associated with increased lactose deficits.

scholarly journals Market Integration and Price Leadership among Major Mulberry Cocoon Markets in South India

2021 ◽  
pp. 25-34
Author(s):  
G. R. Halagundegowda ◽  
P. Kumaresan ◽  
. Muttanna ◽  
Y. Satish
Keyword(s):  
Market Integration ◽  
Tamil Nadu ◽  
Causality Test ◽  
Vector Error Correction ◽  
Price Series ◽  
Long Run ◽  
Augmented Dickey Fuller ◽  
Short Run ◽  
Good Proxy ◽  
Vector Error Correction Models

Market integration is a good proxy for measuring market efficiency and the emerging price signals from the markets can be utilized to benefit both farmers and reelers alike. The present study empirically examines the dynamic interrelationships among the prices of major cocoons markets viz. Ramanagaram (Karnataka), Sidlaghatta (Karnataka), Hindupur (Andra Pradesh) and Dharmapuri (Tamil Nadu) in terms of market integration. The monthly average prices of cross breed mulberry cocoons for a period between April 2002 and March 2021 were considered for the present study. The Augmented Dickey-Fuller (ADF) (tau) testindicated that all the price series were non-stationary at level, but were stationary after first difference. The Johansen's multivariate cointegration procedure revealed existence of cointegration among the prices of cocoon markets. The Vector Error Correction Models (VECM) revealed a long run price causality running from Ramanagaram and Sidlaghatta markets to all other markets considered under study. The Granger causality test indicated a unidirectional causality running from Ramanagaram and Sidlaghatta markets to all markets and not vice versa. The prices prevailed in Ramanagaram and Sidlaghatta markets controlled and decided the current prices of cross breed cocoons both in long run and short run in all other markets considered for the study.

Improved heat stability of recombined evaporated milk emulsions by wet heat pretreatment of skim milk powder dispersions

2021 ◽  
pp. 106757
Author(s):  
Jianfeng Wu ◽  
Simin Chen ◽  
Teng Wang ◽  
Hao Li ◽  
Ali Sedaghat Doost ◽  
...  
Keyword(s):  
Milk Powder ◽  
Skim Milk ◽  
Heat Stability ◽  
Skim Milk Powder ◽  
Heat Pretreatment ◽  
Wet Heat

Anti-obesity effects of Lactobacillus rhamnosus 4B15, and its synergy with hydrolysed lactose skim milk powder

2021 ◽  
pp. 104997
Author(s):  
Sejeong Kim ◽  
Jae Yeon Joung ◽  
Daekyoung Kang ◽  
Nam Su Oh ◽  
Yohan Yoon
Keyword(s):  
Milk Powder ◽  
Lactobacillus Rhamnosus ◽  
Skim Milk ◽  
Skim Milk Powder

A note on the performance and management of calves reared on cold acidified milk replacer fed ad libitum

1983 ◽  
Vol 36 (1) ◽  
pp. 147-150 ◽  
Author(s):  
W. S. Thickett ◽  
N. H. Cuthbert ◽  
T. D. A. Brigstocke ◽  
M. A. Lindeman ◽  
P. N. Wilson
Keyword(s):  
Milk Powder ◽  
Skim Milk ◽  
Live Weight ◽  
Skim Milk Powder ◽  
Barley Straw ◽  
Milk Replacer ◽  
Bull Calves ◽  
The Mean ◽  
Ad Libitum ◽  
Dry Food

ABSTRACTResults are presented from six trials dealing with aspects of management on the cold ad libitum system of calf rearing using an acidified milk replacer containing over 600 g skim milk powder per kg.Thirty-six calves were housed in pens of six for each trial and were fed through a teat and pipeline from a storage barrel. Acidified milk replacer, pH 5·6, was mixed cold at 125 g/1 and made available ad libitum to 3 weeks. A rationed allowance was given daily, on a reducing scale, over the following 2 weeks with weaning completed at 35 days. A pelleted dry food containing 180 g crude protein per kg, together with water in buckets and barley straw in racks, was available ad libitum throughout. Each trial lasted 8 weeks. Results for the mean of the six cold ad libitum trials involving 216 calves were compared with the mean results of 10 conventional bucket-fed trials carried out separately at the same unit, involving 912 calves. All calves were purchased British Friesian male (bull) calves.Calves on the ad libitum system showed improved live-weight gains of 9·4 kg at 3 weeks, 8·8 kg at 5 weeks and 7·5 kg at 8 weeks, compared with the conventional system. The consumption of milk replacer powder was higher in ad libitum trials at 29·4 kg cf. 12·5 kg by bucket but intake of pelleted dry feed was lower on the ad libitum system at 50·7 kg cf. 71·3 kg to 8 weeks. Calf appearance scores were significantly improved on the ad libitum system which gave the main improvement in performance in the first 3 weeks.

scholarly journals Staphylococcal Food Poisoning Associated with Spray-Dried Milk

1955 ◽  
Vol 53 (4) ◽  
pp. 387-397 ◽  
Author(s):  
P. H. R. Anderson ◽  
Doris M. Stone
Keyword(s):  
Spray Drying ◽  
Clinical Features ◽  
Milk Powder ◽  
Food Poisoning ◽  
Skim Milk ◽  
Skim Milk Powder ◽  
Large Numbers ◽  
Heat Treated ◽  
Drying Chamber ◽  
Spray Dried

SummaryEight explosive outbreaks of food poisoning, occurring in school canteens in England during 1953 and affecting 1190 known cases, are described. The clinical features were characteristic of the toxin type of illness. No deaths occurred.The food causing all of these outbreaks was prepared from spray-dried skim milk powder. It was not subsequently heat-treated and was usually consumed 3–4 hr. after preparation.The spray-dried milk powder proved to contain a high content of bacteria, including large numbers of Staph. aureus, of a phage pattern often associated with food poisoning. The assumption was therefore made that these outbreaks were caused by staphylococcal enterotoxin.Because the food was often consumed within 3–4 hr. of reconstitution of the milk powder—before, in fact, the staphylococci had had time to grow—it is concluded that the poisoning must have been due mainly to pre-formed toxin.Consideration is given to the opportunities for the formation of toxin in a spray-drying plant, and reasons are brought forward for believing that it is formed mainly in the balance tank where the warm milk is kept, sometimes for several hours, before passing into the final drying chamber.The processing of the milk and the precautions for preventing contamination of the finished product are discussed.

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