Tag: dairy
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.
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
Keytone Dairy pens new distribution contract with Chinese Theland
Keytone Dairy has inked a deal with Chinese brand distributor Theland for its whole and skim milk powders with opening orders amounting to approximately...
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...
Fonterra sells Australian yoghurt and dairy desserts businesses to Parmalat Australia
Dairy giant Fonterra has come to an agreement with Parmalat Australia for the sale of its Australian yoghurt and desserts businesses and its manufacturing...
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 sells off Bega Cheese stake for $74m
Dairy giant Fonterra has announced that it has sold off its 9% shareholding in Bega Cheese for almost A$74 million.
In an ASX announcement issued...
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