Tag: dairy
Milk production slowdown signals shift in global dairy market cycle – Rabobank
Global dairy markets are moving towards a more balanced supply-and-demand outlook as global milk production growth slows after a prolonged period of expansion, according to Rabobank.
Australia poised to support Indonesia’s expanding dairy needs
A new school milk initiative in Indonesia could offer significant opportunities for Australia’s dairy industry, according to a report from agribusiness banking specialist Rabobank.
Pure Dairy welcomes industry veteran Andrew Wellington as CCO
Pure Dairy has announced Andrew Wellington as its new Chief Commercial Officer (CCO), bringing over 20 years of experience in the dairy and food-processing sectors to the role.Â
Australian gov’t conducts second review of Dairy Code of Conduct
The Australian Government has officially launched the second review of the Dairy Code of Conduct, inviting stakeholders from across the dairy sector to provide feedback on its effectiveness and areas for improvement.
Pure Dairy secures US investment to boost Australian dairy industry
Melbourne-based Pure Dairy, a leader in global dairy trade and food services, has announced a strategic partnership with US cheese packaging giant, Great Lakes Cheese.Â
Aussie dairy farmers poised for another profitable year despite expected price decrease
Australia’s dairy farmers are on track for a fifth consecutive year of profitability, despite forecasts of lower minimum farmgate milk prices for the upcoming season, according to a recent industry report.
Fonterra shifts strategic focus, considers divestment options for consumer businesses
Fonterra Co-operative Group Ltd announced a significant shift in its strategic direction, aiming to deepen its position as a provider of high-value dairy ingredients.
Global dairy market faces slower price recovery, but remains positive: Rabobank report
Rabobank's latest sector research indicated a potentially slower-than-expected price recovery in the global dairy market, with China exhibiting reduced demand for dairy imports.
Fonterra says soaring cheese prices drove half year sales to $546m
New Zealand dairy giant Fonterra has reported a 50 per cent spike in its first-half profit, totalling NZD 546 million (AUD 506 million), owing mostly to favourable margins in the company’s cheese and protein portfolios.Â
Welding company K-TIG bags $600,000 order for turnkey welding system
K-TIG Limited has received a $600,000 supply and onsite commissioning order from Brewery Chemical & Dairy Engineering for the development of a Linear Precision Grow Line Circumferential Welding System
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
