Share price falls after Bega Cheese announces low after-tax profit
SHARES in Bega Cheese have fallen 14 per cent after the company announced lower-than-expected profits for 2018-19.
Bega share price sours as farm gate milk price rises hit earnings
Bega Cheese chairman Barry Irvin has blamed the failure of the east coast grain harvest and increased competition for dairy shortages that will force it to pay more for milk and eat into earnings.
Bega warns of tough times in milk supply as drought hits farmers
Bega Cheese has warned that increased pressure on dairy farmers as a result of drought and the rising cost of grain to feed their cattle will create intense competition for milk among processors.
Bega Cheese buys Koroit milk-drying facility from Saputo in move expected to increase competition for milk
Bega Cheese has won the race to acquire Saputo’s Koroit processing facility in western Victoria for $250 million.
Bega Cheese ready to milk investors for Koroit
It appears to be all over bar the shouting in Victoria’s Koroit.
Bega Cheese announces it’s opening milk price for suppliers
BEGA Cheese has announced an opening milk price of $5.85 a kilogram of milk solids for its Victorian suppliers the season starting July 1.
Bega Cheese extends 2017-18 farmgate milk price
BEGA Cheese has extended its current season farmgate milk price to the end of September.
Bega Cheese and Organic Dairy Farmers of Australia reach milk supply deal
BEGA Cheese has secured long-term “commercial quantities” of organic milk supply from the Organic Dairy Farmers of Australia to produce infant formula.
Bega sounds warning on increasing demand for milk
Bega Cheese is bracing for the impact of a bidding war for Australian milk supply at a time when global farm gate prices are expected to fall.
Fonterra sues Bega Cheese in dairy war
IT MIGHT be your favourite, but Bega Cheese is being taken to court by New Zealand dairy company Fonterra, who allege foul play.
By: Matt Young
Source: news.com.au
Link: http://www.news.com.au/lifestyle/food/fonterra-sues-bega-cheese-in-diary-war/news-story/90a04c5866d683bae9dde49c4bfbf0cd