by Freshagenda | Apr 24, 2025 | Australia, News
Bega has reportedly been disinvited from the sale process for Fonterra’s Mainland Group. Fonterra has a long-term contract to distribute and manufacture the Bega Cheese brand. Bega argues any spin off of Mainland Group will trigger a clause to renegotiate or cancel...
by Freshagenda | Apr 24, 2025 | Australia, News
WA-based Brownes Dairy is up for sale after its biggest lender Chinese Mengniu Dairy called in its $200m loan. McGrathNicol, appointed by Mengniu to find a buyer for Brownes’ holding company does not anticipate any changes in day-to-day activities. Brownes is a market...
by Freshagenda | Apr 17, 2025 | Australia, Prices
Fonterra has announced a second step-up of $0.20kgMS taking the current season weighted average farmgate milk price to $8.35kgMS. The 20c hike consists of 17c per kgMS butterfat and 24c per kgMS of protein. The step-up is a result of continued improving global market...
by Freshagenda | Apr 17, 2025 | Australia, Prices
The Australian dairy industry is finding it difficult to compete with cheap dairy imports as consumers reach for affordable options. Australian Dairy Products Federation (ADPF) are concerned by the growing volume of imported dairy products. According to ADPF, in 2024...
by Freshagenda | Apr 17, 2025 | Australia, News
Free trade negotiations between the European Union and Australia will resume, kickstarted by Trump tariffs announced earlier this month and the need to make alliances that offer free trade opportunities. Australian trade minister Don Farrell was due to meet with...
by Freshagenda | Apr 10, 2025 | Australia, News
Confidence fell to a 6-month low on rising global economic concerns in April according to the Westpac-Melbourne Institute consumer sentiment index The index fell 6% from March to 90.1 in April. Prior to the US tariff announcement on 2 April, those surveyed reported an...
