Information on the origin of raw materials contained in dairy products has become mandatory in Italy.
According to the Ministry of Agricultural, Food and Forestry Policies, the new measure, which came into force on April 19, applies to dairy products such as UHT milk, butter, yoghurt, mozzarella, cheese and curd.
It applies equally to milk from cows, sheep, goat, buffalo and other animals.
Italy’s Prime Minister, Matteo Renzi, has signed a country-of-origin labeling decree for milk and milk products such as yoghurt and cheese.
The decree, which has already been sent to the European Commission for approval, has been developed to boost small and medium-sized agricultural businesses in Italy, and reduce milk imports.
An Italian dairy cooperative, 4 Madonne Caseificio dell’Emilia, has sold bonds backed by Parmesan cheese, the company said on Tuesday, a rare example of one of the country’s plethora of small firms raising funding on capital markets.
The cheese-maker has done just that, raising 6 million euros ($6.55 million) in mini-bonds guaranteed by wheels of Parmesan.