ADM has launched a new line of soya proteins for use in place of expensive dairy ingredients or to extend milk supply, in the light of high prices that caused manufacturers' costs to escalate this year.
Dairy prices have skyrocketed this year, partly due to the rising cost in animal feed. According to the University of Wisconsin's dairy marketing program, the average price of wet condensed skim milk in the Northwest was $2.15 per pound in October — more than double the price one year earlier.
Such a story has a bearing on all dairy products and derivatives used throughout the food production and supply chain.
ADM is offering a new set of tools to help companies who need to use protein in their products reduce their costs. It says that the new Pro Fam soya isolates and Arcon soya concentrates can work out at around 20 percent cheaper than skim milk powder and caseinates in the current climate.
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