‘Undervalued’ South Australian company Beston Global Food to take on debt to drive dairy growth
SOUTH Australian food producer Beston Global Food Company has launched an independent investigation into its lagging share price in a heated agribusiness market while resolving to take on maiden debt to grow its dairy business.
By: Valerina Changarathil
Source: The Advertiser
Link: http://www.adelaidenow.com.au/business/undervalued-south-australian-company-beston-global-food-to-take-on-debt-to-drive-dairy-growth/news-story/4112b436522955bdbda170f488f97ed4
Fonterra buys into Lithuanian dairy company
Fonterra has spent $11.5 million to take a 10 per cent shareholding in Lithuania’s biggest dairy producer, AB Rokiskio Suris.
By:
Source: NZ Herald
Link: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11941502
85-year-old N.J. dairy bought by Kansas company; 180 jobs are safe
Dairy Farmers of America announced Thursday that the company had purchased Bridgeton-based Cumberland Dairy, an 85-year-old family-owned business that processes ultra-pasteurized dairy products.
By: Chris Franklin
Source: New Jersey On-Line
Link: http://www.nj.com/cumberland/index.ssf/2017/11/85_year_old_bridgeton_bought_by_ks_company_180_job.html
Brazil's JBS concludes sale of stake in dairy company to Mexico's Lala
JBS SA, the world’s largest meatpacker, has concluded the sale of its stake in dairy company Vigor Alimentos SA to Mexico’s Grupo Lala SAB de CV, the Brazilian company said in a securities filing on Thursday.
By: Tatiana Bautzer
Source: Reuters
Link: http://www.reuters.com/article/vigor-ma-lala/brazils-jbs-concludes-sale-of-stake-in-dairy-company-to-mexicos-lala-idUSE6N1ML00Q
Dairy company Inner Mongolia Yili on global hunt
CHINA’S largest dairy company, Inner Mongolia Yili Industrial Group Co Ltd, owns more than 100 dairy factories in its empire.
By: PETER HEMPHILL
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/dairy-company-inner-mongolia-yili-on-global-hunt/news-story/0e3b580a286e38eacbed878c11b9d783
Canadian dairy tech company wins $1 million to locate in Buffalo
BUFFALO, N.Y. (AP) — A Canadian startup company whose invention lets dairy farmers check the quality of milk from individual cows is getting $1 million to set up shop in Buffalo.
By: The Associated Press
Source: New York Upstate
Why the a2 Milk Company Ltd (Australia) share price just took off again
The a2 Milk Company Ltd (Australia) (ASX: A2M) share price continues to climb, rising 2.22% on Wednesday to finish the day at $5.99 as investors demonstrate faith in the milk and instant formula market. By: Steve Holland
Cargill's New Dairy Digital Platform a First Step in Company's Big Data Push
Cargill Inc. is stepping up its focus on digitalization and analytics. The recent launch of its Dairy Enteligen(TM) data collection, management and analysis platform in Italy and Spain and the subsequent roll-out in the U.S. and other geographies is a clear sign of the company’s intentions to use big data to help dairy farmers become more productive and increase their ability to foresee.
Could the a2 Milk Company Ltd (Australia) share price hit $6 in 2017?
The a2 Milk Company Ltd (Australia) (ASX: A2M) share price hit a record high of $5.50 in Monday morning trade as investors bid the stock up after the dairy retailer made a presentation to a group of analysts and fund managers in Hong Kong. By: Tom Richardson
Kyabram company saves dairy brand
Kyabram dairy company Kyvalley Dairy Group is set to take over Kiewa Country brand after purchasing it from milk processor Murray Goulburn. By: RODNEY WOODS