Global #dairy interest

Chinese investors are eyeing the Mount Gambier district to build possible new processing facilities as their country’s insatiable appetite for dairy products continues to soar.

Streak of record high #milk prices continues through July

CHICAGO, IL – The $21.60 per hundred Class III milk cash price for July announced late last week was a record high for the month, topping the previous high of $21.39 in July in 2011. This marked the 7th consecutive month of a record high Class III price. Prices were even higher for other classes of […]

#Nestle to close Valley food plant

Nestle USA will close a San Fernando Valley production plant that makes Hot Pockets by early October, shifting operations to an existing plant in rural Kentucky where costs are cheaper.