The WA Dairy Five-Year Industry Development Plan was officially launched at the WAFarmers Dairy Conference in Busselton recently, with the aim to build confidence in the Western Australian dairy industry.
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Sustainability, animal welfare and plant-based diets are transforming the dairy industry in Asia-Pacific
Plant-based protein diets have been heavily promoted in recent years as traditional meat producers and dairy companies look for ways to excite consumers with nutritional, healthy and premium food and drink products. While COVID-19 has increased consumers’ interest in plant-based diets, they are also paying more attention to ingredients and practices that support safer, alternative food and drink production and innovation. For example, a third (33%) of Indian consumers* pledge to eat fewer animal products (e.g., dairy, meat) as part of their post-COVID food and drink resolutions; in South Korea, 71% of consumers** agree that climate change will have an effect on the foods/drinks they buy; meanwhile, 57% of urban Chinese consumers agree that the environment has become a higher priority since the COVID-19 outbreak.
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Maxum Foods releases Global Dairy Commodity Update for June
According to Maxum Foods, one of Australia and New Zealand’s principal dairy suppliers, global market fundamentals remain supportive of prices as northern hemisphere milk production peaks.
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Fonterra commits to renewable energy targets
Fonterra Co-operative Group Limited has announced it is looking at ways to reduce its use of coal at nine of its 29 sites as part of a commitment to transition to renewable energy.
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Dairy industry code of conduct to be delivered early
The Australian dairy industry mandatory code of conduct will come into effect in January 2020, months ahead of schedule.
Minister for Agriculture, Bridget McKenzie, said the aim of the mandatory
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Australian dairy seasonal outlook
The Australian dairy industry will continue to face considerable headwinds as it enters the 2019/20 season, however there are some green shoots on the horizon, according to Rabobank’s just-released dairy
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Shift in rankings of companies listed in Rabobank Global Dairy Top 20
For the second consecutive year, there are no new entrants to the Rabobank’s Dairy Top 20 list, but there’s been a slight shuffle in rankings.
The world’s largest food and beverage company, Switzerland’s
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A2 Milk expands range to make milk powder with Mānuka honey
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
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Bega Cheese buys Western Australian dairy facility for $250m
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
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Dairy industry comes together to help fight hunger in Australia
For the last six years, big players in the dairy industry including Murray Goulburn, Parmalat, Fonterra, and Lion Dairy and Drinks, have come together to help Foodbank provide more than 8 million litres
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Developing economies set to drive growth in global dairy and soy food market
The global dairy and soy food market will rise from US$617.9 billion in 2015 to US$773.4 billion by 2020, representing a compound annual growth rate of 4.6%.
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Is the dairy industry in Australia set to sour?
Over the past 10 years, the Australian dairy industry has performed something of a miracle considering the various circumstances it faced. Sam Murden asks if this is likely to continue.
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Fonterra remains positive despite global challenges
Fonterra Co-operative Group has announced a net profit after tax of $506 million for the financial year ended 31 July 2015 - up 183 per cent - after a stronger second half performance in difficult market conditions.
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