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Australian cattle prices collapse in the north

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Australian beef graziers yesterday held a crisis summit in Richmond in North-west Queensland to address ongoing low cattle prices. The low prices have been attributed to a “flooded market” because...

Lion reports progress on alcohol sales but dairy division faces challenges

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The recent first quarter trading update from Japanese-owned Australian food and beverage manufacturer Lion shows a volume increase of 14 per cent in the beer, wine and spirits category for the quarter...

SPC Ardmona canned fruit seeks help to survive against imports

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Australian fruit cannery SPC Ardmona has called on the Australian government to put in place emergency tariffs on cheap imported fruit and tomatoes in an attempt to save the local industry. The Australian...

SPC production cut to slice 50 percent of fruit growers crop

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Australian industry groups are offering support to 170 Goulburn Valley fruitgrowers after food processing company SPC Ardmona said it would not be taking their produce from 1 May 2013. The Company, which...

US consumers don’t trust ‘organic’ label and Australians concerned by pricing

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More than half of US consumers agree that labelling food or other products organic is just an excuse for companies to charge more, according to research from US market research organisation Harris Interactive. A...

Dairy growth opportunities in Asia for Australian processors

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According to the ‘Australian Food Statistics 2011-12’ report released recently by the Australia Government, Australia’s dairy exports were worth $2,311 million in 2011-12. Japan has been by far Australia’s...

Restricting larger-sized soft drinks may lift consumption, study finds

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Limiting the sale of soft drinks to small sizes could actually increase consumption, rather than decrease it, says a new US study published on 10 April 2013 open-access academic research site PLOS ONE. The...

Snapshot of Australian food prices and consumer and household expenditure on food

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Australian Food News recently reported that the total value of food and liquor retailing in Australia grew by 4.2 per cent in 2011-12, to $135.8 billion, according to ‘Australian Food Statistics’,...

Coles strikes giant milk supply deal

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Major Australian supermarket Coles has entered long-term supply partnerships with two Australian dairy co-operatives, Murray Goulburn Co-operative Co. Limited (Murray Goulburn) and Norco. Coles has signed...

Snapshot of food retailing in Australia

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The total value of food and liquor retailing in Australia grew by 4.2 per cent in 2011-12, to $135.8 billion. The figures come from ‘Australian Food Statistics’, a report produced by the Australian...