Dairy outlook positive but still volatile

While the outlook for the 2017-18 milk season was positive, the dairy industry would always remain a volatile one, a leading industry analyst says. By Everard Himmelreich.

Saputo moves to mop up WCB with sweetened offer

Canadian dairy giant Saputo has raised its offer for Warrnambool Cheese & Butter (WCB) by 20 cents per share, but the move is unlikely to secure the backing of activist fund manager Sandon Capital.