by Freshagenda | Dec 6, 2023 | Australia, News
Melbourne-based Pure Dairy, a supplier of US cheese to the Australian food sector, has announced a $100m investment to build a dairy conversion facility in Dandenong near Melbourne. The facility is scheduled to open in early 2024, creating 450 new jobs and is...
by Freshagenda | Dec 6, 2023 | Australia, Forecast
Australian milk production is likely to remain steady for 2023/24 according Dairy Australia (DA). Despite El Niño conditions drying out some regions, but DA point to reduced cow culling and live heifer exports as supportive of milk production. Season to date...
by Freshagenda | Dec 6, 2023 | Australia, News
The Australian Competition and Consumer Commission (ACCC) has approved Saputo’s sale of two factories—one in Victoria and one in NSW—to Coles after considering the effect of the proposed acquisition on raw milk markets in NSW, Victoria and South Australia. ACCC found...
by Freshagenda | Nov 29, 2023 | Australia, News
Beston Global Food Company’s has released an ASX announcement stating it has successfully expanded its lactoferrin capacity, with a third column commissioned and fully operational. Beston expects lactoferrin sales to exceed 10t in the first half of 2024. Beston has...
by Freshagenda | Nov 29, 2023 | Australia, News
Retail trade was down 0.2% on the prior month in October, but 1.2% ahead YOY on a seasonally adjusted basis according to the Australian Bureau of Statistics. Food retailing rose 0.5% in October from the month prior and was 3% higher YOY. Turnover for cafes,...
by Freshagenda | Nov 22, 2023 | Australia, News
Year-on-year discretionary spending was running 0.2% ahead in the July to September period, well below inflation according to the Commonwealth Bank iQ Cost of Living Insights Report. The report found that many consumers are pulling levers to adjust spending habits...
