Tag: milk
Australian milk production in full swing, says Rabobank
A recent report from Rabobank indicates that Australian milk production is thriving, with significant growth observed across all dairying regions.
Fonterra raises earnings forecast, announces lower prices for next season
New Zealand dairy giant Fonterra raised its fiscal 2023 earnings forecast today amid ongoing strong margins in protein and cheese portfolio and said it expects to pay a lower price for milk to its farmers next season.
Australia’s dairy industry continues to place a premium on ‘drinking’ milk, says Rabobank
The liquid ‘drinking’ milk market continues to be crucial for Australia's dairy industry due to increased domestic retail pricing and potential for additional export development, according to a recently released industry report from Rabobank.
Bega Group ceases operations of Canberra manufacturing site
Australian dairy company Bega Group is relocating the operation of its Canberra facility in Griffith to the company’s Penrith site.
Fonterra breaks export volumes record in December
Dairy giant Fonterra has announced that it exported record monthly volumes in December.
Fonterra is the largest dairy exporter in the world; the company said...
Dairy giant Fonterra to build $141m plant in Australia
Fonterra has announced that it will invest $141 million to build a new cheese plant at its Stanhope factory in Victoria.
According to the official...
Fonterra one step closer to partnership with Beingmate Baby & Child Food
New Zealand Fonterra Co-Operative Group has announced that it has submitted a tender offer to acquire a stake of up to 20% in Chinese...
Victoria’s dairy industry gets a huge confidence boost thanks to Fonterra and Murray Goulburn
Fonterra has announced a big international deal for infant formula production, while Murray Goulburn, the largest dairy food company in Australia, revealed its strong...
Bega Cheese to invest $25 million to shore up milk supply
ASX-listed company Bega Cheese will be investing up $25 million in business initiatives that will ensure the sustainability and growth of its milk supply.
According...