Reports that supermarket shelves are being stripped of baby formula, which is then sent to China, have caused Woolworths to restrict sales to four tins per transaction.
Some are predicting that Treasury Wine Estates, the country’s biggest wine group, could be taken over by foreign investors.
Chinese billionaire Zong Qinghou is this month sending representatives down under, so he can have a closer look at opportunities in the south west dairy industry.
It’s next stop China for Australia’s First Families of Wine, a group created by 12 family-owned Australian wineries, with the shared aim of promoting Aussie drops and the history that goes with them.
If Australia doesn’t make the most of its agricultural potential it could be faced with an influx of ‘food refugees’, says David Farley, chief executive of Australian Agricultural Company.
Despite a very positive outlook for the agribusiness sector, David Lock, chief executive at Craig Mostyn Group, doesn’t believe Australia will be Asia’s food bowl of the future.
Visy Industries Australia’s executive chairman, Anthony Pratt, used the recent opening of a new $50m recycling facility in Smithfield to announce the company’s intentions to expand north.
Australia’s beef exports to China have increased by a factor of five over the last two months, as producers look beyond traditional markets.
The boom of the Australian wine market overseas has seen a rash of Chinese attempts at counterfeiting. Brent Balinski writes.
A new Department of Primary Industries (DPI) report has found Victoria is Australia’s main exporter of food and fibre, up more than 10 per cent from last year.
Extensive calls for a public register of foreign ownership of Australian agricultural land have been answered.
A report by CEDA says the food supply chain for irrigated agriculture is key to ensuring Australia can take advantage of increasing international food demands.
Increased Chinese demand is going to mean a big boost in sales for Australian diary manufacturers, particularly cheese-makers.
Japanese trading house Itchu Corp has bought into the Australian food industry by snapping up farms in Queensland.
A leading food marketing professor believes the newest Chinese focus will be on health, and export markets including Australia will see an increased demand for chicken and fish.
Australia needs to focus on providing high quality food to Asia’s growing middle class and increase exports to the region, Elders says.
Japanese-owned beverage giant Lion will officially take over Little World Beverages (LWB), after the majority of shareholders voted in favour of the purchase.
McDonald’s has announced plans to open two vegetarian outlets in India but the intended locations for the restaurants has been met with criticism.
China’s beverage billionaire, Zong Qinghou, is considering investing $200 million in a milk processing plant in the Western Australia.
Parents in China’s Hunan province have expressed concerns that a study their children participated in served GM rice to the youngster’s without their parent’s knowledge.