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.
The robots use high definition cameras and sensor technology to allow for equipment to be remotely assessed for maintenance and for preventative analysis.
Fonterra Australia is matching its push to secure additional milk volumes with more than $165 million in capital expenditure in this financial year at key sites.
IBISWorld’s business information analysts have revealed the top five Australian industries expected to grow and shrink in 2017-18, and food sectors have made it onto both lists.
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.
Chinese firm Shanghai Ground Food Tech has purchased the 130-year-old Western Australian dairy company, Brownes Dairy.
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.
Dairy Connect and renewables supplier, Solar Bay, have announced an alliance designed ultimately to build dairy producer solar energy technologies and funding packages.
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.
Dairy co-operative Murray Goulburn has avoided speculation around who will buy it out, saying there is no certainty that any transaction will even eventuate.
The southern Australian dairy industry is in the midst of a ‘supply chain revolution’, with unprecedented change to the way milk is procured, priced and processed, according to Rabobank.
According to global market intelligence agency Mintel, the share of new food launches with high protein claims across Southeast Asia grew by 8 per cent on average every year from 2012 to 2016, with Thailand leading the way as one of the standout markets for high protein food launches. NZMP – Fonterra’s dairy ingredients business … Continue reading Consumer trends driving demand for protein in Asia
The A2 Milk Company’s full-year net profit has risen by 198 per cent to $NZ90.6m ($A83.4m), boosted by increased sales of infant formula mainly in China.
Fonterra, Australia’s largest exporter of dairy products, officially opened its rebuilt Stanhope Facility today.