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Australian Regulator Raises Concerns Over Saputo's $1bn Acquisition of Murray Goulburn

Mar 2, 2018

Australia’s competition regulator has raised concerns about a proposed CAD1.29bn ($1.01bn) acquisition of Murray Goulburn Co-Operative (MG) by Canada’s Saputo, saying that the transaction would lead to lower prices being paid to ...

Tags: Fonterra, raw milk

Finland's Top Court Upholds Eur70m Fine on Valio for Lowering Milk Prices

Jan 10, 2017

Finland's Supreme Administrative Court has upheld a decision to impose a fine of €70m on dairy giant Valio for abusing its dominant market position in the domestic milk market. With the decision, the court has ended a long legal ...

Tags: Finland, Lowering Milk

First Milk to Sell CNP Professional Business to Protein Partners

Oct 27, 2016

First Milk has agreed to sell its Manchester-based CNP Professional business to The Protein Partners. The company took the decision after a full strategy review. First Milk said the move will allow it to focus more on its core product ...

Tags: First Milk, Protein Partners

FrieslandCampina Posts 16.7% Drop in Profit for H1 2016

Sep 6, 2016

The profit of Royal FrieslandCampina decreased by 16.7 percent over the first half-year 2016 to 160 million euros compared to the same period in the previous financial year. Due to the significant increase in the member dairy ...

Tags: Royal FrieslandCampina, profit

Arla Delivers Positive Results in Tough Times

Aug 30, 2016

At a time when dairy companies have struggled with the continued European oversupply of milk, Arla has strengthened the quality and profitability of its business. Arla’s strategic branded sales grew 6.1 per cent in the first half of ...

Tags: Arla, dairy, positive results

Bega Cheese Announces New Season Milk Price

Jun 23, 2016

Bega Cheese has announced a reduction in its opening farm gate milk prices for the 2016/17 financial year. The dairy company will pay approximately 11 per cent lower across all its supply regions. This equates to a Victoria farm gate milk ...

Tags: Bega Cheese, ASX, milk prices

Fonterra Forecasts Market-Linked Organic Milk Price

May 13, 2016

Following Fonterra’s recent announcement that it plans to introduce a market-linked organic milk price for its organic milk farmers, the Co-operative has forecast an opening market-linked organic milk price of $9.20 per kg milk solids ...

Tags: Organic Milk, organic milk products

Murray Goulburn Not Immune to Low Dairy Prices

Mar 13, 2016

Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...

Tags: low milk prices, Murray Goulburn

Australian Dairy Industry Growth in Winning Formula

Feb 15, 2016

Infant formula sales have grown by 30 per cent in the past year according to Dairy Australia’s new Situation and Outlook report released today. The growth in formula sales is the highlight of the report which otherwise reflects an ...

Tags: Infant formula, Milk

First Milk to Sell Glenfield Dairy to Graham’s The Family Dairy

Dec 2, 2015

First Milk has agreed to sell its Glenfield Dairy business to Graham's The Family Dairy. The financial details of the transaction have not been disclosed. The Glenfield Dairy sale is intended to allow First Milk to focus on its hard ...

Tags: First Milk, Glenfield Dairy, Family Dairy

Fonterra Establishes New Application Center in China to Develop Innovative Dairy Products

Nov 2, 2015

New Zealand-based dairy company Fonterra has established a new Application Center in Guangzhou to develop innovative dairy products and services to the company’s foodservice customers in the region. The Guangzhou facility is ...

Tags: Fonterra, Dairy Products

EU Releases Eur500m Aid to Farmers to Compensate Dropping Meat and Dairy Prices

Sep 10, 2015

The European Union is set to provide an emergency aid of €500m to compensate for falling milk and meat prices, as thousands of protesting farmers blocked the streets near the EU neighbourhood in Brussels. The Commission is set to ...

Tags: skimmed-milk powder, pork products

UK Government Calls on Retailers to Introduce Fresh Food Origin Labeling

Aug 19, 2015

Environment Secretary Elizabeth Truss is calling on retailers to better label British produce in supermarkets, in a bid to support struggling dairy farmers in the country. The supermarkets in the country may be forced by the government to ...

Tags: fresh food, agricultural products, dairy products

Murray Goulburn Dairy Group Partially Listed on The Asx to Raise $500 Million in Capital

Jul 10, 2015

Despite dairy commodity prices dropping globally, Murray Goulburn’s share debut on the Australian Securities Exchange (ASX) has been a strong one. Murray Goulburn is the largest of the Australian-owned dairy processors to list on the ...

Tags: Murray Goulburn's share, agriculture and beverage, dairy processor, milk

UK Tries Introducing Compulsory Country of Origin Labeling for Dairy Products

Feb 26, 2015

The UK government is planning to introduce compulsory country of origin labeling for dairy products in order to support struggling dairy farmers. Dairy products including cheese, milk and yoghurt will feature the country of origin ...

Tags: Dairy Products, yoghurt

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