Murray Goulburn: Bega Cheese may lead race for dairy co-operative
THERE are indications the Murray Goulburn co-operative will be sold before too long, although the successful bidder is still a mystery.
Dairy price crash ‘clearly avoidable’
Last year’s dairy crisis was an avoidable catastrophe, two of Australia’s dairy industry leaders told The Australian’s Global Food Forum in Melbourne. By SUE NEALES.
Canada's Saputo secures last slice of Australia's Warrnambool Cheese and Butter
Canadian dairy company Saputo Inc on Wednesday bought out Australian firm Warrnambool Cheese and Butter Factory Co Holdings Ltd’s (WCB) largest minority shareholder, Lion Pty Ltd, all but securing a takeover offer for the 12 percent of WCB that Saputo does not already own.
Milk price cuts only an ‘extreme option’ says Bega
Milk price step downs should only be applied as an “extreme option”, Bega Cheese executive chairman Barry Irvin, has told the Senate dairy inquiry. By Andrew Miller.
Australia's Bega Cheese jumps 15% following Vegemite acquisition
Australia’s beloved food spread, Vegemite, is about to get a new local owner: Australian cheese giant Bega Cheese. By Saheli Roy Choudhury.
Bega, ADFC, MG and Fonterra seek more milk in northern Vic
A FORECAST 9 per cent drop in milk production in Victoria this season has dairy companies in hot competition for extra milk, particularly in the north of the state. By PETER HEMPHILL.
Bega Cheese, a2 Milk reassure investors as Bellamy’s woes deepen
Dairy companies a2 Milk and Bega Cheese have acted swiftly to prevent the financial crisis gripping infant milk formula company Bellamy’s engulfing the sector and hurting their own already weakened share prices by assuring investors they could cope with a Bellamy’s failure. BY ELI GREENBLAT.
Qantas sets up Tasmania-China milk run
In a further sign of China’s growing appetite for Australian agricultural products, Qantas has announced a partnership with VAN Dairy that will see fresh Tasmanian milk exported directly to the port city of Ningbo. By Peter Wells.
New Bega Cheese CEO Paul van Heerwaarden says China challenges will pass
New Bega Cheese chief executive Paul van Heerwaarden said challenges in China will be short-lived and the company plans to expand in Asia and bolster its branded product range. By Carrie LaFrenz.
Bega Cheese dumped as baby formula venture sours
The shifting shoals of the Chinese market has caught out Bega Cheese which is forecasting flat earnings in the year ahead while warning it will be forced to make a large provision against its infant formula joint venture with Blackmores. By Brian Robins