Simon Penfold

The first two days of this week have been... a bit quiet. After recovering from the Eucolait, we have plenty of partners in Amsterdam visiting the PLMA, disconnected from the active commodity market. Those who are in their offices wonder what the next move of this dairy market will be. Butter prices rallied so fast that it seems likely that prices should correct down a bit. But looking at the cheese market we see the buyers entering the market fast and on higher levels. It seems the bull run in the butter scene jumped over to the cheese market. Our partners who trade powder remain bored on the sidelines of the market, seeing the market easy back down after showing a small rally in the previous days. Want to read our take on the current market? Read the article below. If you would like to sign up for our free newsletter, please sign up via the link below.

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🎙️ 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗡𝗲𝘄 𝗣𝗼𝗱𝗰𝗮𝘀𝘁 𝗘𝗽𝗶𝘀𝗼𝗱𝗲 𝗔𝗹𝗲𝗿𝘁! 🎙️ In our latest episode of the StrongSource Commodity Podcast, we dive deep into the fascinating world of dairy trading with Edwin Van Stipdonk, the CCO of Interfood. 🔍 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: Our discussion uncovers why dairy, a daily staple for many, is often overlooked in the commodities market. Edwin shares insightful perspectives: "𝘛𝘩𝘦 𝘥𝘢𝘪𝘳𝘺 𝘮𝘢𝘳𝘬𝘦𝘵 𝘪𝘴 𝘢𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘮𝘶𝘤𝘩 𝘣𝘪𝘨𝘨𝘦𝘳 𝘵𝘩𝘢𝘯 𝘮𝘢𝘯𝘺 𝘰𝘵𝘩𝘦𝘳 𝘴𝘰𝘧𝘵 𝘤𝘰𝘮𝘮𝘰𝘥𝘪𝘵𝘪𝘦𝘴. 𝘏𝘰𝘸𝘦𝘷𝘦𝘳, 𝘵𝘩𝘦 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘤𝘦 𝘪𝘴 𝘵𝘩𝘢𝘵 𝘥𝘢𝘪𝘳𝘺 𝘪𝘴 𝘤𝘰𝘯𝘴𝘶𝘮𝘦𝘥 𝘵𝘰 𝘢 𝘣𝘪𝘨 𝘦𝘹𝘵𝘦𝘯𝘵, 𝘮𝘢𝘺𝘣𝘦 90% 𝘰𝘧 𝘪𝘵𝘴 𝘤𝘢𝘱𝘢𝘤𝘪𝘵𝘺, 𝘸𝘩𝘦𝘳𝘦 𝘪𝘵'𝘴 𝘮𝘢𝘥𝘦." We also explore the dynamic shift in the dairy industry with the advent of futures markets: "𝘛𝘩𝘦 𝘧𝘶𝘵𝘶𝘳𝘦 𝘮𝘢𝘳𝘬𝘦𝘵𝘴 𝘩𝘢𝘷𝘦 𝘯𝘰𝘵 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘦𝘥 𝘢𝘴 𝘳𝘢𝘱𝘪𝘥𝘭𝘺 𝘪𝘯 𝘥𝘢𝘪𝘳𝘺 𝘤𝘰𝘮𝘱𝘢𝘳𝘦𝘥 𝘵𝘰 𝘰𝘵𝘩𝘦𝘳 𝘤𝘰𝘮𝘮𝘰𝘥𝘪𝘵𝘪𝘦𝘴. 𝘉𝘶𝘵 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘱𝘢𝘴𝘵 𝘧𝘪𝘷𝘦 𝘵𝘰 𝘵𝘦𝘯 𝘺𝘦𝘢𝘳𝘴, 𝘸𝘦 𝘩𝘢𝘷𝘦 𝘴𝘦𝘦𝘯 𝘢 𝘷𝘦𝘳𝘺 𝘳𝘢𝘱𝘪𝘥 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 𝘰𝘧 𝘦𝘹𝘤𝘩𝘢𝘯𝘨𝘦𝘴 𝘢𝘳𝘰𝘶𝘯𝘥 𝘵𝘩𝘦 𝘸𝘰𝘳𝘭𝘥." Edwin elaborates on the importance of risk management and how the industry is evolving: "𝘔𝘢𝘯𝘺 𝘤𝘰-𝘰𝘱𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘌𝘶𝘳𝘰𝘱𝘦𝘢𝘯 𝘥𝘢𝘪𝘳𝘺 𝘭𝘢𝘯𝘥𝘴𝘤𝘢𝘱𝘦 𝘩𝘢𝘷𝘦 𝘤𝘰𝘯𝘴𝘪𝘥𝘦𝘳𝘦𝘥 𝘧𝘶𝘵𝘶𝘳𝘦𝘴 𝘵𝘰 𝘣𝘦 𝘢 𝘳𝘪𝘴𝘬 𝘦𝘭𝘦𝘮𝘦𝘯𝘵. 𝘐𝘵 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘢 𝘭𝘰𝘵 𝘰𝘧 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯, 𝘢𝘯𝘥 𝘨𝘳𝘢𝘥𝘶𝘢𝘭𝘭𝘺, 𝘯𝘰𝘸 𝘸𝘦 𝘴𝘦𝘦 𝘥𝘦𝘥𝘪𝘤𝘢𝘵𝘦𝘥 𝘳𝘪𝘴𝘬 𝘮𝘢𝘯𝘢𝘨𝘦𝘳𝘴 𝘣𝘦𝘪𝘯𝘨 𝘩𝘪𝘳𝘦𝘥 𝘣𝘺 𝘣𝘪𝘨𝘨𝘦𝘳 𝘤𝘰𝘮𝘱𝘢𝘯𝘪𝘦𝘴." Our conversation also touches on the vital role of company culture in driving success: "𝘐 𝘣𝘦𝘭𝘪𝘦𝘷𝘦 𝘰𝘶𝘳 𝘴𝘶𝘤𝘤𝘦𝘴𝘴 𝘤𝘰𝘮𝘦𝘴 𝘧𝘳𝘰𝘮 𝘰𝘶𝘳 𝘤𝘰𝘮𝘱𝘢𝘯𝘺 𝘤𝘶𝘭𝘵𝘶𝘳𝘦 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘱𝘦𝘰𝘱𝘭𝘦. 𝘐𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘯𝘨 𝘧𝘢𝘴𝘵𝘦𝘳 𝘵𝘩𝘢𝘯 𝘮𝘢𝘯𝘺 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘰𝘳𝘴 𝘢𝘯𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 𝘢𝘩𝘦𝘢𝘥 𝘰𝘧 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵 𝘣𝘦𝘯𝘦𝘧𝘪𝘵𝘴 𝘩𝘢𝘷𝘦 𝘣𝘦𝘦𝘯 𝘤𝘳𝘶𝘤𝘪𝘢𝘭." This episode is packed with valuable insights for anyone interested in commodities trading, risk management, and the future of the dairy industry. Tune in now to gain a fresh perspective on the dairy market! 𝗟𝗶𝘀𝘁𝗲𝗻 𝗼𝗻: 👉 Spotify: https://hubs.la/Q02FlS1q0 👉 Apple Podcasts: https://hubs.la/Q02FlS4d0 #Podcast #CommodityTrading #DairyIndustry #RiskManagement #FutureMarkets #Sustainability #StrongSourcePodcast #IndustryInsights #Innovation

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During Future Food-Tech, Floor Buitelaar will lead a panel on expanding the innovation ecosystem. This session will explore how successful partnerships are established, insights gained from these collaborations, and the ecosystem needs for the years ahead. Ahead of the summit, Floor was interviewed by FoodNavigator about the critical role of partnerships in the sustainable food industry. This aligns directly with the theme of the upcoming panel. “Start-ups are driving innovation, but partnerships play a crucial role in providing the resources, strategic guidance, and infrastructure needed to scale these technologies effectively,” Floor states. Read the full FoodNavigator article via the link in the comments. Joining Future Food-Tech? If you would like to connect with Bright Green Partners, reach out via LinkedIn or the platform to arrange a meeting with Floor Buitelaar or Alex Hein in person. #Sustainability #FoodInnovation #Partnerships #BrightGreenPartners

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🧩🐮 A complicated puzzle for dairy farmers: sustainable and cost-effective   How can dairy farmers make their farms meet environmental standards of the future while keeping their business operations viable? This is a challenge for the government, the sector and in practice. Our researchers, together with researchers of Wageningen Plant Research provide support through the Cows & Opportunities (Koeien & Kansen) project. In the article below Koos Verloop speaks about this project.   In this project, which has been going on for 25 years, researchers and farmers come together. Every year, they formulate ‘challenging but achievable’ goals to reduce harmful emissions. “A unique aspect of this project is that farmers, public authorities and researchers work together constructively to find concrete solutions”, says Verloop.   Read the full article below 👇

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The debate about nitrogen emissions in the Netherlands is heating up again, with potential changes that could impact the future of the dairy industry. Since 2019, strict environmental rules have kept the Netherlands in a state of paralysis, but this week’s developments might signal a turning point. Discover more about this hot topic at Dairy global! ⏩ https://ow.ly/FPhZ50TkVyJ #Nitrogen #Emissions #Netherlands #Environment #Rules

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🤝 Networking and forming partnerships are a big part of my job as I facilitate knowledge sharing in the agri-food sector. Herman Snel's insights have helped me further improve the efficiency of existing partnerships and support healthy new ones. 👩‍💻 It is clear that today, agriculture requires an ecosystem of interconnected players—from farmers and businesses to governments, NGOs, and research institutions—who work together toward common goals. Wikifarmer (a platform that empowers farmers by providing free knowledge and connecting them to global markets) exemplifies how networking and multi-stakeholder partnerships (MSPs) can accelerate innovation, improve sustainability, and drive long-term success. So, I encourage you all not only to read the following article to learn more about the importance of MSPs but also to visit the Wikifarmer platform (https://wikifarmer.com/) and actively collaborate with us to make an even bigger, positive impact. #collaboration #agriculture #netwirking #multistackholderpartnership #farmers #sustainability

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𝗣𝗿𝗼𝘁𝗲𝗶𝗻 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 | 𝗜𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄 𝗧𝗵𝗶𝗷𝘀 𝗕𝗼𝘀𝗰𝗵 In an interview with Food Business Review, Cosun Protein’s managing director Thijs Bosch discusses the significance of alternative proteins in shaping the future of food production and sustainability. “In order for alternative proteins to become successful, we need to meet consumer’s expectations on taste, texture and nutrition”, Thijs says. “Cultivating and scaling these new ingredients and products requires significant innovations.” According to Thijs, these innovations call for genuine collaboration within the alternative protein industry. “Partnerships from across the entire value chain, embracing disruptive technology and encouraging new ideas and startups will be crucial in transforming the food system.” Read the full interview here: https://lnkd.in/gY82uFNU #ProteinTranstition #PlantBasedAlternatives #Cooperation

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🍽️The issue of future food security is a hot topic, and it continues to generate conversation and debate. This Dairy Global author believes the Netherlands’ dairy industry has a key part to play – particularly in the next decade. Why? Read the article to find out 👉 #DairyIndustry #DairyFarming

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The Dutch #milk supply shows a growing lag in June compared to 2023, compared to the previous months. This is remarkable, considering that the Dutch summer so far has been favorable for milk production. Nevertheless, the explanation can be found in the significantly higher slaughter numbers in the first half of this year. Stay informed and get unique insights to the global dairy market with DCA Market Intelligence. Sign-up for our 14-day free trial: https://lnkd.in/eUxG4FyK #dcami #globaldairytrade #commodities #dairyindustry #dairymarket

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Potato Variety Days: The Olympic Games of the Potato World This week, the Potato Variety Days are once again prominently featured in the agendas of many potato professionals. For the potato sector, this is the place where breeders and traders from the Netherlands and abroad come together to present their latest varieties. It is an event where the tension is just as high as during the Olympic Games, but with the potato in the leading role. The breeding companies will be showing their latest, carefully developed varieties here. Each variety tells its own story: from the creamy texture of the latest baby potato to the variant that requires less water and is resistant to diseases. Breeders are looking for ways to develop potatoes that not only meet the desired taste and texture, but are also less dependent on intensive agricultural methods. Sustainability initiatives are no longer a side issue, but are central to developments within the potato sector. Companies, growers, breeders and traders from different countries come together here to network, share knowledge and discuss market trends. Which varieties fit into which segment? What do consumers expect from tomorrow's potatoes? It is a source of inspiration and ideas that resonates throughout the entire chain. This year, the discussions go beyond just the colour and texture of the potato. They also cover the challenges of today and tomorrow, such as the impact of climate change on potato cultivation, ways to limit food waste and which varieties adapt best to changing weather conditions. Innovation goes hand in hand with sustainability: from potatoes that can grow with less water to varieties that have a longer shelf life, resulting in less waste. In a world where the demand for food innovation and sustainability is constantly growing, the potato has the unique opportunity to reinvent itself again and again. The Potato Variety Days show that this is not just about a tuber, but about a product that is constantly renewing and adapting itself. This is the place where everyone inspires each other and takes new steps in the future of the potato. This allows the potato to grow into an even more sustainable food product, an important step in a world that is increasingly striving for food security and environmentally friendly solutions. The Potato Variety Days show that it is not just a tuber, but a crop that contributes fully to a more sustainable future. We have created a beautiful e-book about the Potato Variety Days with a number of partners from the sector. You can download it for free via: https://hubs.ly/Q02WXNnH0 \#PotatoVarietyDays24 Agrico - Danespo A/S - #INTERSEED - Meijer Potato - Schaap Holland B.V. - Geersing Potato Specialist B.V. - EUROPLANT Pflanzenzucht GmbH - GERMICOPA

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🤝 Today, we had the privilege of hosting the Independent Chairman of the FAO, Hoogeveen Hans. 🗣 Our discussions focused on the crucial role of engaging the private sector to drive the transition towards more sustainable agrifood systems. In that spirit, we highlighted two inspiring examples of startups making a real impact: 💚 PrimeJack®️ & FiberFoods: Creating side income streams for farming communities to enhance financial stability and climate resilience, starting with their PrimeJack® value chain in Uganda and Kenya. 🌴 FarmTree B.V.: Developing tools to forecast the long-term impact of farming practices, helping decision-makers evaluate ecological, financial, and environmental outcomes with the FarmTree® Tool. And we showcased the outstanding and innovative campus of Wageningen University & Research, renowned for its great impact in food and agriculture. 🙌 The future looks bright as we continue to collaborate and innovate, paving the way for a more sustainable and resilient agrifood sector. #agriculture #foodindustry

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💥 Nutreco opens a new #fish and poultry #feed facility in Ibadan, Oyo State, Nigeria: 📌 It will directly create 135 #job positions and 150 through a third-party agency.  📌 The cost of the facility amounts to €25,000,000 facility and occupies 170,000 square meters. 📌 It will be able to manufacture 125,000 metric tons of extruded fish and #animal feeds per year. 🗣 General Manager of Skretting Nigeria Seyi Adeleke-Ige: "Opening a #facility of this magnitude will ensure that we can meet both local #demand and that of neighboring West African countries, contributing to the #growth of the #aquaculture and agriculture sectors of Nigeria and Africa as a whole." https://lnkd.in/dj2ziqm9

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AGRISTO NV isn't just producing potatoes – they’re producing results. 🥔 Read their success story with #FactryHistorian and discover how data-driven insights are reshaping the future of food processing. Read the Agristo case right here: https://lnkd.in/e6uGm3Cq

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🎯 CHECK THIS OUT! ▶️ Dairy Facility Uses System Dynamics In Factory Merging FrieslandCampina, a Dutch cooperative, specializes in transforming milk from dairy farmers into a wide array of dairy products. They were undertaking a significant project: merging two of their production facilities. This merger was anticipated to introduce new challenges, particularly in the filling and palletizing stages, as well as in the operations of their fully automated warehouse. The project was handled by SD&Co and their primary goal was to foresee potential bottlenecks under various post-merger production scenarios. Identifying these potential bottlenecks was crucial to ensure a smooth transition and maintain efficiency. Discover how the FriedslandCampina used System Dynamics to foresee potential bottlenecks in production and provided critical information to avert costly capacity expansion. 🔗 Read the case: https://ow.ly/HnbH50RsoQp 🔗 More case studies: https://ow.ly/PTRw50RsoQo #SystemDynamics #systemsthinking Roland van de Kerkhof FrieslandCampina

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What is FrieslandCampina Ingredients Biotis Fermentis? Biotis® Fermentis has been specifically developed to enable brands to create unique sports nutrition products that can help to maximise performance by supporting holistic health. Combining 8g of fermented high-quality whey protein and 3.65g of Biotis® GOS – which has been shown to positively impact gut microbiota composition  – Biotis® Fermentis has been proven to support gut health in athletes and sports professionals. Initial research shows that, after three weeks of taking Biotis® Fermentis daily, 60% of people reported significantly reduced bloating compared to baseline levels and 80% experienced improved physical well-being. We like to call it the "kimchi" (see below) or "kefir" of the whey world. It is NOT a 'whey protein' made by fermentation. It's a combination of whey, GOS & probiotics fermented together to produce a product where the whole is so much greater than the sum of the parts. Contact us for more information today and bring the fermenting craze to your consumers! #fermentation #guthealth #microbiome #prebiotic #postbiotic

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🌱 At Rival Foods, the plant-based meat alternatives are making a turn. Founded by Birgit Dekkers and Willem Spigt in Amersfoort, Rival Foods is transforming the food landscape with products like chicken fillets and even tuna steaks. 🔬 The patented Shear Cell Technology — developed with Wageningen University & Research — mimics the fibrous texture of real meat, ensuring an exceptional eating experience without additives.  💚 With just seven clean ingredients, Rival Foods’ meeting consumer demand for transparency and quality while targeting the food service industry. The mission is clear: to provide restaurants and catering companies with high-quality meat alternatives that don’t compromise on taste or texture. 📲 Spoke to founders of Rival Food in our new article: https://bit.ly/rival-foods Support the innovative startups at SIAL Paris already this October! #FoodTech #PlantBased #SIAL2024 #TechEvent

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