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Milk price signals turn positive: Fonterra

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The August trading event for Fonterra’s internet-based sales platform has seen the price for Whole Milk Powder surge 25.8%, a sign that dairy markets are beginning on a recovery path. The trading...

Fonterra sees bottom for milk price, Australian acquisitions boosting profit

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The world’s largest dairy exporter, Fonterra, has indicated that the price of milk may have reached its floor, after a major decline saw it plummet from record highs last year. The New Zealand dairy...

Low fat a2 Milk launched nationwide

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a2 Milk is now available in a No Fat variety across the nation. The product is the only cow’s milk on the market in Australia guaranteed to contain naturally maximised levels of the A2 form of the...

ACCC to allow union to negotiate with Parmalat and Nat Foods

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The Australian Competition and Consumer Commission proposes to allow the Transport Workers Union of Australia SA/NT Branch to represent South Australian milk vendors in contract negotiations with dairy...

Mass dairy exodus feared as dairy firms slash prices

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A number of leading players in the Australian dairy industry have cut prices paid to farmers, sparking fears that it could force a number of suppliers out of the industry this year. Major milk processors...

Fonterra claims top spot on milk processor list

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New Zealand’s Fonterra Co-operative Group has been ranked as the largest milk processor in the world.Global industry research group, International Farm Comparison Network (IFCN), benchmarked 600...

Food price shocks unlikely this year

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With the second-highest recorded cereals crop expected this year and stocks replenished, the world food supply looks less vulnerable to shocks than it was during last year’s food crisis, FAO said...

Farmers positive about the future of dairy industry

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Dairy farmers nationwide remain confident of the long-term demand for dairy products, despite many facing a one in 35 year step down in milk price for the 2009-2010 season. The Australian Bureau of Agricultural...

Fonterra prices fall 12 per cent since last auction

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Dairy group Fonterra saw prices down across all contract periods, in its June internet auction globalDairyTrade, 12 per cent lower than for the previous trading event in May. The trading manager, CRA International,...

Tetra Pak forecasts compound annual growth in global milk consumption

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Swedish-founded food processing and packaging company Tetra Pak forecasts the global consumption of milk and other liquid dairy products to increase by a compound annual growth rate (CAGR) of 2.2% over...