Coles has announced that it has begun distributing $3,974,292.30 collected by their Coles Dairy Drought Relief Fund. “This is great news for 639 dairy farmers across Australia, including more than 190 Norco Member milk suppliers, who will now receive payments from the fund,” Norco Chairman / Interim CEO Greg McNamara said. “Coles announced in September that it would … Continue reading Increase in milk price helps with relief fund
New Zealand-Australian company a2 Milk recently expanded its range by introducing a Mānuka honey milk powder to the Chinese, Australian and New Zealand markets. The company aims to further expand into the adult nutritional powder market. The product combines pure a2 Milk powder with Mānuka honey, sourced from New Zealand. The product, packed by Fonterra New … Continue reading A2 Milk expands range to make milk powder with Mānuka honey
Bega Cheese is expanding its reach by buying a Western Australian facility for $250 million. The company is purchasing Saputo Dairy Australia’s Koroit facility, which currently processes about 300ML of dairy products per year. Bega expects the facility to generate about $20m at its current intake per year. Items produced include milk, retail butter and … Continue reading Bega Cheese buys Western Australian dairy facility for $250m
While a majority of State-based dairy advocates strongly back an ACCC recommendation for a mandatory code of conduct for the dairy industry, the Australian Dairy Industry Council has turned its back on recommendations following an 18-month independent probe by the ACCC, according to a leading dairy advocate. Dairy Connect Acting Farmers Group President Adrian Drury … Continue reading Dairy Connect wants urgent dairy reform
Keytone Dairy is a New Zealand-based manufacturer, packer and exporter of dairy and nutrition blended products, with a current focus on powdered dairy products.
Saputo has a unique opportunity to play a pivotal role in reforming the Australian dairy industry following its pending takeover of Murray Goulburn, according to a key industry group.
The a2 Milk Company has entered into an exclusive sales and distribution agreement with Yuhan Corporation to promote and distribute a2MC’s branded products in South Korea.
The Rabobank report says the Australian dairy sector made positive strides during the 2017/18 season, but a multi-stage recovery is required for a true resurgence.
Dairy Connect is urging industry stakeholders to support a new public consultation initiative by global dairy agency the Dairy Sustainability Framework.
The ACCC says its concerns are solely in relation to Murray Goulburn’s Koroit dairy plant in western Victoria, in particular the impact the acquisition will have on competition for farmers’ milk in the area.
The A2 Milk Company has entered comprehensive strategic relationship with dairy giant Fonterra encompassing a range of supply, distribution, sales and marketing arrangements in targeted markets.
Murray Goulburn has experienced a 30 per cent drop in milk intake, as it waits for its sale to Canadian dairy giant Saputo to be approved.
Responding to ACCC’s interim dairy industry review, advocacy group Dairy Connect has called for simplified, single document contracts between dairy processors and producers.
Dairy processor Murray Goulburn has sold of its Edith Creek facility in Tasmania to Dutch Mill, a local subsidiary of Dutch Mill group of Thailand.
A mood of cautious optimism is creeping through the dairy industry in the run-up to Christmas, according Shaughn Morgan, CEO of advocacy group Dairy Connect.
Saputo Dairy Australia, the local arm of the Canadian dairy giant has made a deal to buy the troubled Australian co-operative Murray Goulburn for $1.3 billion.
Murray Goulburn will sack 60 workers in response to the reduction in milk supply and its milk collection needs.
Global dairy markets remain buoyant, however concrete signs of sustained supply growth from major exporters suggest global prices have peaked in the current cycle, according to Rabobank’s latest Global Dairy Quarterly.
Synlait has received registration which will allow exports of A2 Milk’s China label infant formula to China to continue.
Dairy Co-Operative Fonterra has announced net profit after tax for 2016/17 was NZ$745m ($687m), a drop of 11 per cent.