Saputo Inc, one of Canada’s largest dairies, supports ending a domestic milk ingredient pricing system that has angered the United States, Chief Executive Lino Saputo Jr. said on Monday, showing a rare crack in solidarity among processors and the country’s sheltered dairy farmers.
Dairy Australia’s latest Situation and Outlook report has delivered a better-than-expected market picture, with global supply and demand fluctuations shifting in favour of Australian farmers.
Ash Amirahmadi, currently SVP – sales for Arla Foods in the UK, is taking over as managing director following the departure of Tomas Pietrangeli.
Change in GDT Price Indexfrom previous event -1.2%.
BURRA Foods is launching its own brand of fresh milk in a one-litre retail pack for the export market.
The All-Party Parliamentary Group on Dairy (APPG) plans to hear from a range of speakers later this month.
COLAC cream and ice-cream manufacturer Bulla Dairy Foods has increased its opening price, throwing down a challenge to competitors.
The Commerce Commission says it is concerned that the ‘asset beta’ Fonterra Cooperative Group uses to determine the farmgate milk price is too low, meaning it ends up paying its farmers a higher price for their milk than would be warranted under the company’s enabling law.
Deputy, and soon to be Acting Prime Minister, Winston Peters appears to be backing his senior MP’s calls for Fonterra’s Chairman John Wilson to resign.
Federated Farmers is keeping tight lipped about the Shane Jones Fonterra furore.