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ASX star: Cow and goat milk powder maker

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STOCKS on the ASX of a New Zealand-based cow and goat milk powder maker have almost doubled in price since listing on Wednesday. Keytone Dairy Corporation Limited (ASX:KTD) floated on Wednesday with an...

Fonterra opens first wholly-owned European plant

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New Zealand based global dairy producer Fonterra last week opened its first wholly-owned ingredients plant in Europe. In a smart move, the plant is located in Heerenveen in The Netherlands and is next...

Murray Goulburn to raise $500 million in capital restructure

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Murray Goulburn to raise $500 million in capital restructure Australia’s largest dairy co-operative Murray Goulburn Co-operative Co. Limited (Murray Goulburn) has announced an Extraordinary General Meeting...

Productivity Commission calls for sellers of dairy products to share in on-farm investment

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Productivity Commission calls for sellers of dairy products to share in on-farm investment Australia’s federal government Productivity Commission has found that on-farm investment was “crucial” to...

Milking China’s demand for dairy

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Milking China’s demand for dairy China’s unquenchable thirst for high quality imported dairy produce, particularly baby and infant formula, has triggered an “extraordinary furor” amongst...

Danone brand Nutricia to process own infant formula in New Zealand

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Nutricia to process its own infant formula in NZ Nutricia, a subsidiary of France-based global dairy company Danone, has announced an agreement for the simultaneous acquisition of the spray dryer of Gardians,...

Fonterra starts construction on new milk powder blending and packing plant in Indonesia

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Fonterra has started construction on a new plant in Indonesia New Zealand-based dairy giant Fonterra has commenced construction on its first blending and packing plant in Indonesia, which it said will...

Significant job cuts by Murray Goulburn and Mars in Victoria

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Australian dairy giant Murray Goulburn and global confectioner Mars both announced yesterday that they will be making workers redundant as result of changes to their Victorian operations. Whilst Mars announced...

Murray Goulburn to join same global online dairy auction as Fonterra

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Australia’s largest dairy exporter, the Murray Goulburn Co-operative, has become the third major dairy supplier to participate in the New Zealand-based GlobalDairyTrade auction platform, joining Fonterra...

Fonterra announces record growth in export volumes from Victoria

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Fonterra Australia, a subsidiary of New Zealand-based multi-national dairy giant Fonterra, has announced record year on year growth in export volumes of nutritional milk powder products from its Victoria...