According to Dairy Australia, the global dairy market is slowing signs of bottoming out as prices continue to slowly decline.
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Fonterra sweeps the floor at Australian Dairy Product Awards
The Australian subsidiary of New Zealand dairy giant, Fonterra Australia has claimed 61 awards at the 2014 Dairy Industry Association of Australia (DIAA) Australian Dairy Product Awards.
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Murray Goulburn to potentially list on the ASX
Victorian dairy cooperative, Murray Goulburn has outlined plans that will potentially see the processor generate $500m in capital over the coming three to five years.
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Norco’s milk to China could save dairy farmers
Norco has begun exporting fresh milk to China, in a plan that will take milk from Australian dairy farms to Chinese tables within seven days.
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Arla introduces advanced whey protein concentrate into lifestyle nutrition market
European dairy company, Arla Foods Ingredients has launched its advanced whey protein concentrate, Lacprodan DI-7017 into the lifestyle nutrition market.
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Supermarket milk prices bite suppliers
The supermarket price wars have been difficult for dairy producers and suppliers, with Longwarry Food Park forced to concentrate on the export market.
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Murray Goulburn invests $127m in cheese and formula factories
Dairy processor Murray Goulburn will invest $127 million in cheese and infant formula factories in Victoria and Tasmania.
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PDG dairy facility in Shepparton opens
The Pactum Dairy Group UHT dairy manufacturing facility in Victoria’s Shepparton officially opens today.
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Australian manfacturers win as Abbott promotes Chinese trade deals
Australian manufacturers are set to benefit from a reported 20 deals that have been signed as a result of prime minister Tony Abbott’s recent Australian trade promotional visit to China.
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Murray Goulburn proposes sliding scale cost for shares
Murray Goulburn may enforce a sliding scale cost for shares if it’s proposed capital raising plans go ahead.
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Sanitarium’s FibreStart
FibreStart is fibre made easy, providing one-third of your daily fibre intake in each 250mL serve.
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Chobani secures US$750m from TPG
Private equity firm, TPG has announced a US$750m investment in New York based Greek yoghurt maker, Chobani in order to help the business expand its share in foreign markets.
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Aussie Farmers Direct to enter yoghurt market
Grocery delivery business, Aussie Farmers Direct has announced that it will be entering the yoghurt market following keen interest from a number of domestic and Asian buyers.
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Fonterra wins McDonald’s Best of Sustainable Supply award
Dairy giant Fonterra has been recognised for its ‘Doing More with Dairy’ program by being named one of McDonald’s “2014 Best of Sustainable Supply” award winners.
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Fonterra overhauls milk pricing
Fonterra has announced an overhaul of its milk pricing structure, with the dairy giant claiming the new approach will help farmers make informed decisions.
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Australia is food secure – but for how long?
Australia must increase its agricultural production and improve sustainability to satisfy export growth targets, according to new research.
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Pactum Dairy supply deal announced with China’s Bright Dairy
Pactum Dairy Group (PDG) announced yesterday a strategic supply agreement between Shepparton based PDG and China’s Bright Dairy.
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FTAs could boost foreign investment: Grant Thornton
The free trade agreements with Japan and Korea will make Australian food and beverage businesses more attractive to foreign investors, but businesses must understand the new markets, said Tony Pititto, Food & Beverage Industry growth adviser, Grant Thornton Australia.
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Philadelphia Cream Cheese launches new campaign [video]
Kraft’s Philadelphia Cream Cheese has released its latest marketing campaign, in which it encourages consumers to be creative in the kitchen.
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Dairy loses but grocery and beef gains in Australia-Japan free trade deal
The Australian Dairy Industry Council has criticised the proposed Australia-Japan free trade agreement, stating the agreement has fallen well below industry expectations.
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