New high protein milk hits shelves with support from the AIS

The Australian Institute of Sport has backed an all-natural, high protein milk with a partnership with The Complete Dairy company.

Protein is an essential part of a healthy, balanced diet and ideally should be spread across the day to form part of each meal. 

According to statistics from the ABS National Nutrition Survey 2011-2012 CSIRO Secondary Analysis, Australians are only getting 15 per cent of their total daily protein intake at breakfast time.

The Complete Dairy has 15g of whole dairy protein in every 250mL glass, or approximately 30 per cent of an average adult's recommended daily intake of protein. 

The new milk offers Australians an easy way to get more protein throughout the day, with nothing artificial and no powders.

According to Head of Sports Nutrition at the Australian Institute of Sport, Louise Burke, there should be a focus on consuming adequate amounts of protein throughout the day as part of a healthy diet, particularly in the 24 hours after an exercise training session to help stimulate muscle growth and repair.

"The latest research shows protein goals -for general health or sports performancev-are best met by spreading our intake of high quality protein into a regular pattern of meals and snacks over the day," Burke said. 

The cold-filtration technology used to make The Complete Dairy is an all-natural process that increases protein and reduces lactose content, without any additives. The result is a delicious, all-natural milk that’s higher in protein than other white milk.

Anchor launches new premium cream range

The dairy aisle is set to experience a shakeup this month with the arrival of Anchor cream; a premium range of quality creams made from 100 per cent Australian dairy.

With over 125 years dairying experience around the globe, Anchor saw a gap in the market to deliver a high-quality, Australian-made, fresh cream range that boasts unique packaging for ultimate convenience in the kitchen.

Created with foodies and cooks in mind, the new Anchor Cream range features innovative markers on the side of the bottle to ensure precise pouring and easy measurement. For added convenience, screw top lids allow for safe storage and will eliminate those messy drips and leaks.
But the measure of perfection doesn't stop there. Anchor Cream's bottles are also unique in size, with exact one (250mL) and two-cup (500mL) size products to make following a recipe hassle free.

Originating in New Zealand, Anchor is a leading dairy brand in many markets globally and is renowned for its grass to glass supply chain. Now operating in Australia, a newly built state-of-the-art Cobden plant in South West Victoria, makes Anchor's fresh cream. 

Anchor cream is created from milk from a select group of 34 local dairy farmers to ensure the finest Australian dairy is used to create their cream.

Cheesy does it: Australian cheese makers perform well despite tough conditions

According to the latest report from IBISWorld, cheese manufacturers Murray Goulburn and Bega Cheese have faced erratic market conditions over the past five years. 

While dairy prices have risen due to growing global demand, Australian cheese consumption has slowed, with consumers increasingly adopting healthier lifestyles. Australian consumers are also favouring quality over quantity, with sales of fresh cheeses increasing over industry staples like cheddar. 

As a result said IBISWorld, cheese manufacturing revenue is expected to decrease by an annualised 0.7% over the five years through 2015-16, to total $AUD5.5 billion. 

This decline has been slowed by cheese exports increasing at an estimated 10.8% annualised over the same period, to total $AUD1.2 billion, due to increased demand from Asia, said the US-based analyst firm.

To combat the rise in dairy prices and support revenue growth, Australia’s two largest cheese manufacturers have taken on different strategies such as global expansion and the pursuit of acquisitions.

Murray Goulburn is one of Australia’s largest cooperative dairy companies. The majority of the company’s revenue comes from manufacturing dairy products, which are sold primarily under the Devondale brand. 

In terms of cheese manufacturing, Murray Goulburn is expected to outperform the industry, with its cheese manufacturing revenue expected to grow by 2.5% in 2015-16 to $AUD1.2 billion. Murray Goulburn’s industry-related revenue has been aided by the rise in dairy prices over the past five years and growth in international demand for dairy products.

More than half of Murray Goulburn’s revenue is generated from exporting processed foods. The company also produces private-label cheeses for major supermarkets such as Coles. 

To meet increased export demand, Murray Goulburn has maintained a steady yearly increase in production volumes by providing its dairy farmers with financial support, bulk purchase of grain and interest-free fodder loans.

The majority of the company’s recent revenue growth has come from global trade and investment in distribution channels. The depreciation of the Australian dollar since late 2013 has also helped Murray Goulburn capitalise on the growing demand for Australian dairy exports.

Bega Cheese produces around 20,000 tonnes of natural cheddar cheese and 50,000 tonnes of value-added cheeses annually said IBISWorld. 

However unlike Murray Goulburn, Bega Cheese does not focus on exports, with about 80% of its production targeted at domestic markets like supermarket chains and other food-service providers. 

In 2007, Bega acquired a large slice of Tatura Milk Industries Limited and in 2008, signed a supply agreement with Kraft Foods Australia. In 2011, Bega Cheese merged with Tatura Milk in an effort to increase efficiency. 

In 2012, the company expanded its Tatura facilities to supply to the Middle East and has since maintained a supply partnership with Fonterra Brands (Australia) Pty Ltd. In the same year, Bega also cut a five-year deal with Coles to provide private-label cheese.

The company’s cheese manufacturing revenue is estimated to grow by 2.8% in 2015-16, to $AUD948.5 million. 

Bega’s business with Tatura Milk, Fonterra and Coles, as well as the company’s long history, has helped it to continue to grow while focusing on the domestic market. IBISWorld anticipates that the alliance with Kraft and outsourcing of marketing to Bonland Dairies Pty Ltd have helped Bega to grow its market share in the cheese manufacturing industry.

Over the next five years, IBISWorld said it expects Australian dairy consumption to grow, dairy prices to stabilise, and exports to increase. 

Product innovation, including functional, gourmet and healthier cheeses will help stimulate consumer demand, while a rise in exports to Asian markets will drive international trade.

Both Murray Goulburn and Bega Cheese are well placed to capitalise on these trends.

Frosty Boy Australia wins international seal of excellence

Frosty Boy has received  world-leading  food safety and quality certification, and
the manufacturer’s new facility in Yatala has received an ‘Excellent’ rating in its Safe Quality Food (SQF) audit.

Frosty Boy was found to have a ‘Level 3 Comprehensive Food Safety and Quality Management System’ – the top rating, which covers Frosty Boy’s products including dairy powders, creams, beverage bases, gelato, jellies and soft serve.

An independent assessment, SQF is an internationally recognised food safety and quality management system and provides certification the manufacturer complies with food safety regulations in both domestic and international markets.

Frosty Boy has held an SQF certification since 2013 and the most recent audit provides evidence the new factory, opened in 2014, is maintaining and complying with food safety standards.

Dirk Pretorius, Frosty Boy CEO, said the Excellent SQF rating was validation of the company’s recent investment in the purpose-built manufacturing facility and the maintenance of proven systems and processes.

“This certification provides our customers with added confidence that the Frosty Boy products are manufactured using best practice systems,” he said.

“An SQF rating is an internationally recognised program and helps us reach new markets both here in Australia and overseas.”

As part of the audit, the Frosty Boy business was reviewed in its entirety to make certain every aspect of food safety was considered throughout its operations. 

Random tests of soft serve and beverage products were also undertaken as further evidence of compliance.

Andrea Thomson, Frosty Boy’s QA Manager, said food safety was the number one priority for the business.

“Our reputation with export markets is based on Australia’s highest standards and this ‘Excellent’ rating provides us with yet another competitive edge.”

Fonterra lowers CAPEX by $600m & revises milk volumes

 Fonterra Co-operative Group Limited has today announced that the forecast total payout available to farmers in the 2015/16 season will be $4.25-$4.35, comprising:
·         Forecast Farmgate Milk Price $3.85 per kilogram of milksolids (kgMS)
·         Forecast earnings per share range of 40 – 50 cents per share.
Fonterra has also announced Fonterra Co-operative Support of an additional 50 cents per shared-up kilogram of milksolids to support farmers this season.
Revised 2015/16 Farmgate Milk Price Forecast
Chairman John Wilson said the Farmgate Milk Price forecast has been reduced from $5.25 kgMS to $3.85 per kgMS due to the continued significant imbalance in the global dairy market between weak demand and surplus supply.
“Current prices are unsustainably low and we are seeing them beginning to impact production levels globally.  We have confidence that prices will recover over the course of the season. However, it will be a tough season for our farmers.
“We know the global dairy market will improve.  The hard thing to call at the moment is exactly when and how quickly,” said Mr Wilson.
Forecast available for payout
Chief Executive Theo Spierings said: “As part of this work and given the current pressures facing our farmers, we have reviewed our capital expenditure for the next two years. As a result we are now targeting a spend of $500million – $600million less for 2016 financial year compared to FY15.
“We will continue to update our farmers and the market on business performance and the delivery of expected gains from the transformation of the business as the year progresses,” said Mr Spierings.
Mr Spierings said Fonterra continues to believe strongly in dairy and this farmer support is an investment in the future of the Co-op.
A Fonterra Co-operative Support schedule will be made available as part of the application process.
Milk volume forecast 2015/16
Fonterra has reduced its New Zealand milk volume forecast for the 2015/16 season to 1,589 million kgMS, 2 per cent lower than the previous season.
Chairman John Wilson said the revision reflected the likely impact of farmers using more traditional practices to manage their farm businesses within the limits of a low payout forecast.
“We expect to continue seeing our farmers make these sorts of on-farm decisions – particularly in light of today’s announcements,” said Mr Wilson.