The Australian Competition and Consumer Commission (ACCC) will launch an inquiry to look into competition and fair trading aspects in the dairy industry. Its dairy industry inquiry will investigate competition among milk processors, ...
Tags: Dairy Industry, Watchdog
Fonterra has announced that it will invest $6.2m to expand the coolroom of its Cobden Spreads plant in Australia. The expansion will increase storage capacity of butters and spreads after production, allowing the storage of more products ...
Tags: Fonterra, Cobden Spreads plant, investment
Fonterra Australia has entered into an agreement to sell its 36.02% stake in Dairy Technical Services (DTS) to a consortium that includes Bureau Veritas Singapore and AsureQuality. The stake sale will result in Bureau Veritas Singapore ...
Dairy and meat industry boost from new China FTA deal A new Free Trade Agreement (FTA) has been finalised between Australia and China, with the Australian dairy and meat industries expected to benefit. Australian Prime Minister Tony ...
Tags: Dairy Industry, Meat Industry, Agriculture
Woolworths has announced new long-term milk supply contracts Australian supermarket giant Woolworths has announced two new 10-year milk contracts across Australia that it says "will give dairy farmers and processors more certainty to ...
Tags: Milk, Agriculture, Food
Fonterra Australia has secured a ten-year contract from Woolworths to supply and process the retailer’s own brand milk in Victoria. The deal allows farmers to further invest in their businesses as they have a guaranteed buyer for ...
Tags: Milk Supply, milk, local farmers
Fonterra, a New Zealand multinational dairy firm, is upgrading its facility in Spreyton and Wynyard in Tasmania, Australia, with an investment of $6m, as part of its strategy to woo dairy farmers to supply milk to the company. According ...