Tag: milk
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.
LittleOak expands reach with new Perth warehouse
Australia's goat milk formula brand, The LittleOak Company, has inaugurated a new warehouse in Perth, Western Australia.
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.
Fonterra reports strong interim results for FY24
New Zealand dairy giant Fonterra has unveiled robust interim results for FY24, marked by a significant rise in profits and an enhanced dividend payout.
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...
Featured Article
Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
