by Freshagenda | Feb 29, 2024 | Australia, Weather
The Bureau of Meteorology’s (BoM) latest long-range forecast for March to May is for warmer than-usual days and nights across most areas with neutral outlooks for the dairy regions. Rainfall has a 60 to 80% chance of being below median for the period for most of...
by Freshagenda | Feb 22, 2024 | Australia, News
Bega Cheese announced a lift in earnings and profits in the first half of 2023. Revenue rose 3.2% YOY to $1.73bn with normalised EBITDA lifting 2.6% YOY to $76.5m and normalised profits rose to $13.3m, up from $9.4m the year before. Normalised earnings per share rose...
by Freshagenda | Feb 15, 2024 | Australia, News
The Senate Inquiry investigating supermarket pricing and practices were told by retailers that the key drivers of higher shelf prices are cost price increases sought by suppliers and farmers. Both retailers submitted they had received large numbers of requests from...
by Freshagenda | Feb 15, 2024 | Australia, News
To ensure equity and transparency, the Australian Federal Government made changes to its Biosecurity Protection Levy following months of protests from the agriculture sector. The biosecurity tax will be set according to an industry’s average share of gross...
by Freshagenda | Feb 8, 2024 | Australia, Volume trends
Australian exports were up 0.2% in the first six months of the 2023/24 season in milk solids equivalent (MSE) , led by increases in cheese, milk powders, butter and dry whey. Cheese exports rose 10.6% YOY in December– this mostly reflected stronger sales in China...
