Milk, the largest dairy category in China, is predicted to stand at US$26.9bn in 2020, US$1.6bn greater than the previously projected pre-COVID value. This translates to an increase on expected volumes from 9.6 billion kg to 10 billion kg in 2020 alone, primarily due to health concerns relating to COVID-19, according to GlobalData, a leading … Continue reading COVID-19 to add extra US$1.6bn to milk sales in China in 2020
Fonterra Co-operative Group Limited today announced its annual results, final Farmgate Milk Price of $7.14 per kgMS and a dividend of 5 cents per share for the 2019/20 season, bringing the final cash payout for farmers to $7.19 per kgMS. Fonterra CEO Miles Hurrell said 2019/20 was a good year for the Co-op, with profit … Continue reading Fonterra announces annual results – Australia ‘performed strongly’
Lion Dairy and Drinks has announced its minimum pricing for its direct milk suppliers across key Australian dairying regions for the 2020/2021 milk season. This pricing is applicable from 1 July 2020 to 31 August 2021. In line with the requirements of the new mandatory Dairy Code, which came into play on 1 January 2020, … Continue reading Lion Dairy & Drinks announces minimum pricing for 2020/21
Coronavirus and subsequent government restrictions have hit businesses hard, but milk processor is one of the Australian company to rise to the challenge. As the dairy partner to over 5,000 cafes in VIC, NSW and ACT, Riverina Fresh was forced to seek out alternate sales channels fast when stage three government restrictions forced the shutdown … Continue reading Riverina Fresh pivots supply chain in 72 hours after lockdown comes into effect
On the sidelines of the 2020 Australian Dairy Conference , Milk2Market Head of Corporate Development Richard Lange said the company’s new Milk Exchange had received a large volume of registration applications and enquiries from both farmers and processors. “The current milk shortage is clearly a key driver of the strong response to the opening of … Continue reading New exchange platform looking for milk
The Australian Competition & Consumer Commission (ACCC) has given the nod to China Mengniu Dairy Company Ltd (Mengniu) for the proposed acquisition of Lion Dairy & Drinks Pty Ltd (Lion D&D). “Mengniu Dairy was already looking for opportunities to diversify its business and expand its brand presence in the emerging markets. The transaction will allow … Continue reading ACCC okays Chinese dairy acquisition
The fundamentals underpinning the global market outlook remain positive but may weaken with improving expansion in milk supply and a slowing in trade in milk powders. However, the outlook for commodity product values is mixed as butterfat values have stabilised, while increased cheese capacity in Europe will keep supplies abundant and may cap values. Skim … Continue reading Global dairy commodity update first quarter 2020
Today, on World Food Day, OzHarvest will show Aussies that tackling climate change, starts with your plate! The social media campaign #countmein aims to inspire individual action and show thatmaking small changes to your own food waste is one of the few personal habits that can actually help restore the planet. Food waste is often … Continue reading OzHarvest targets food waste on World Food Day
More Australians than ever before are choosing plant milk over dairy, but there’s one in particular that’s fast becoming the new favourite for coffee – oat milk. With this in mind, Toby’s Estate has teamed up with Califia Farms to offer oat milk to its café customers nationwide. “With compelling health, ethical and environmental benefits … Continue reading Toby’s Estate gets on the oat milk bandwagon with Califia Farms
A2 milk had a rocky start when New Zealand businessman Howard Paterson and research scientist Dr Corran McLachlan founded the A2 Corporation in 2000. The milk, which claims to help reduce the risks of digestive problems, diabetes and heart disease because it is said to contain only A2 beta-casein, seemed to hit a nerve with … Continue reading A2 disruption to milk market not a bad thing
Swinburne will lead a research project valued at over $2 million to develop new technology that will get milk from farm to fridge more quickly, enhancing the productivity and competitiveness of Australia’s $13.7 billion dairy industry. The ‘Live Inbound Milk Supply Chain Monitoring and Logistics for Productivity and Competitiveness’ project (Milk Supply Chain Project) has … Continue reading Getting milk from farm to fridge quickly
Australian-owned Nuchev has inked a multimillion-dollar deal with supermarket Coles to stock its Oli6 goat milk formula brand in stores and online. Nuchev founder and chief executive Ben Dingle said the company’s expansion into Coles followed a deliberate strategy to first establish the Oli6 brand in the pharmacy channel. “When we launched Oli6, the goat … Continue reading Coles to stock locally manufactured goat milk formula
The fundamentals underpinning the global market outlook continue to gradually improve as global milk supply slows and demand remains strong. This should keep prices relatively stable in the short-term. As for the recent outlook, the separate drivers of fat and protein values in Europe and Oceania have different implications for each of the respective commodities. … Continue reading Global dairy commodity update
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.