Module 3
Addressing a Competitive Marketplace
Learning Objectives for Module 3
- Defend dairy ingredients use in a competitive food ingredients marketplace
- Explain pricing, and risks associated with dairy ingredients contracts.
- Organize available resources available to support dairy ingredients sector
- Estimate the degree of impact consumer issues have on dairy ingredients markets
- Summarize efforts to insure dairy ingredients quality and safety
All sessions in Module 3 will be viewed on-demand and available beginning April 1 and viewable throughout the semester.
Live Q&A Session
Held with all Module 3 speakers
Wednesday, April 24 | 1:00-2:00 pm Central
Each session is listed below with the instructor and anticipated learning outcomes.
Module 3.1
Competitive Landscape for Dairy Ingredients – Proteins, Carbohydrates, Lipids | KJ Burrington, VP of Technical Development at ADPI
- Understand that there are naturally occurring nutrients from milk which make dairy ingredients unique from other food ingredients
- How the carbohydrates (lactose) in dairy can function like other carbohydrates
- How does milkfat (butter)compare to other fat sources
- How do dairy and plant proteins compare based on function and taste
- How are the other dairy alternatives made?
New Products that Use Dairy and Plant Based Ingredients | Tom Vierhile, Vice President of Strategic Insights at Innova Market Insights
- What's New in Dairy US
- Dairy Innovation
- Dairy vs. Plant
- What's next
Module 3.2
U.S. Dairy Decarbonization & Supply Chain Programs
| Jessie Deelo, CEO & Founder of The Climate Source
- Update on US Dairy Decarbonization Initiatives
- Role of Carbon Markets
- USDA Climate Smart Commodities
Food Safety Modernization Act Basics | Marianne Smukowski, Owner at Marianne Smukowski Consulting LLC
- What is FSMA?
- Seven Rules of FSMA
- Preventive Controls
Module 3.3
Supply Chain: Farm to Processor | Scott Sexton, Chairman & CEO at Dairy.com of Ever.Ag
- Understanding the dairy supply chain
- Dairy farm to dairy processor
- Take away 1-2 practical ideas to improve your supply chain
- Optimize your performance and prepare your operation for future trends
Purchasing Contracts, Managing Risks, Price Discovery | Sara Dorland, Managing Partner at CERES Dairy Risk Management LLC
- Dairy price discovery
- Better understanding of mechanism and how price is established
- Purchase contracts
- What drives dairy and milk prices
- Purchase contracts
- Develop an appreciation for dairy products and milk formulas
- Price discovery
- What are the most common price series for dairy
- Risk Management
- How risk management can mitigate volatility
Module 3.4
Export Markets | Patti Smith, CEO of DairyAmerica
- Importance and role of US Dairy Exports
- How do we support US Dairy Exports
- Today's export challenges
- Preparing for the future
A Global View of New Products that Use Dairy Ingredients | Donna Berry, Food Scientist, Editor & Consultant at Dairy & Food Communications, Inc.
- Global food and beverage innovations with dairy ingredients
- Consumer priorities fueling food and beverage innovation
- The five needed states that run the snacking spectrum
Module 3.5
Dairy Centers and Emerging Milk and Cheese Research | Hari Meletharayil, VP of Product Research at National Dairy Council
- What is DMIs research investment strategy across the three horizons of innovation
- Some key DMI research investments in the snacking category
- Some key DMI research investments in the health and wellness category
- Some key DMI research investments in the dairy beverage category
Emerging Dairy Ingredient Research | Rohit Kapoor, VP of Ingredients at National Dairy Council
- Understand the role of dairy farmer investment in R&D to fuel innovation and boost competitiveness of the U.S. dairy industry
- Learn about the current and future focus on dairy ingredients research
- Explore the farmer funded resources available to you to help you innovate
Module 3.6
Emerging Milkfat Research | Moises Torres Gonzalez, VP of Nutrition Research at National Dairy Council
- Saturated fat recommendations
- State of the Science on LDL-Cholesterol, Saturated Fat and CVD
- Whole-Milk dairy foods, dairy fat and cardiometabolic health
- Dairy food matrix
- Evolving dietary recommendations on saturated fat and dairy foods
Dairy Farm Practices Today and in the Future | Emily Yeiser Stepp
- Dairy animal welfare management guidelines
- Tools and resources on how farmers measure and improve their environmental footprint
- How dairy farmers enahnce safe and thriving work environments to provide excellent cow care and produce wholesome milk
- Farm biosecurity