MEDIA RELEASE
Global Dairy Trade (GDT) is pleased to announce Valley Milk, LLC will begin offering SMP on GDT Events from June/July 2023.
Valley Milk was started by five multi-generational Central Valley California dairy families, nutritionists, and veterinarians. Valley Milk has a milk processing facility in Turlock, CA, supplied by 18 family owned dairy farms. Valley Milk produces a full range of milk powders and plans to begin AMF production in 2024.
Valley Milk CEO Glenn Wallace said, “As Valley Milk has evolved over the past 5 years of operations, we are continually looking for additional ways of creating value for our products and our customers.
“Partnering with GDT provides us with an efficient way to expand our direct customer relationships across all major dairy importing countries, whilst having confidence in knowing our product has sold at the market price,” Mr. Wallace said.
Global Dairy Trade CEO Eric Hansen said Valley Milk is a fantastic new addition to GDT Events. “It further builds out the export reference prices for US SMP and offers more great purchasing options for our buyers.”
The GDT Events service brings together buyers and sellers of globally traded dairy products from 60 countries to trade US$ 2-3 billion annually.
“We are seeking new sellers of varying sizes from all global milk pools. This will give our bidders more choice and enable GDT to provide the dairy industry with credible reference prices for more products and across more regions," Mr. Hansen said. "It will be great to have Valley Milk’s contribution as a further step along this path. We look forward to providing Valley Milk with the benefits of accessing our global sales channel."
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For further information, contact:
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Valley Milk, LLC |
Global Dairy Trade |
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Glenn Wallace |
Jen O’Hara |
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Phone: +1 209-765-2071 |
Phone: +64 27 705 2178 |
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Email: |
Email: |
About Valley Milk, LLC
Valley Milk is a state-of-the-art 24/7/365 powdered milk ingredient processing facility on a 30-acre site in Turlock, CA. The plant is designed for and has the capacity to process 2.5 million pounds of raw milk per day to produce a full range of premium milk powders including WMP, vitamin fortified SMP/NFDM, HHHS SMP and infant formula grade SMP . The company is owned by five multi-generational Central Valley California dairy families along with other dairy professionals including nutritionists and veterinarians.
In January, Valley Milk announced a 10,000 square foot expansion of their milk processing facility. Their owners announced their intention to begin producing anhydrous milk fat (AMF) at the facility in 2024.
For more information, visit https://valleymilkca.com/
About Global Dairy Trade
Global Dairy Trade (GDT) is the world leader in developing and operating dairy trading platforms, and actively supports the development of efficient dairy derivative trading. The GDT Events auction service is the world’s pre-eminent price discovery platform for globally traded dairy products, bringing together buyers and sellers of dairy ingredients from 60 countries to trade US$2-3 billion annually. GDT’s credible, market-based reference prices play an important role in allowing buyers and sellers to trade with confidence in global and regional dairy markets. Data generated from the auction process is available through our GDT Insight subscription service to support the global dairy industry and associated financial trading.
