Bega/ DFMC competing for milk supply and pushing up prices
Queensland processors are competing for milk supply and some farmers are kicking themselves having signed a contract and then been approached by another processor with a better offer.
Bega and Burra announce their first milk price step ups this season
Saputo Dairy Australia has joined three other dairy processors, in stepping up its minimum milk price for the 2020/21 season.
Farmgate breakthrough as Bega steps up for southeast Australian suppliers
After eight months of the supplier payment status quo, Bega has been the first to break from the major processor pack with a farmgate rise today.
Bega announces milk price step-up
Bega Cheese has joined Burra Foods and Norco as processors to offer a step up for the 2020-21 season.
Dairy Farmers Co-op supports Lion drinks sale to Bega
The sale of the Lion Dairy and Drinks business to ASX-listed food and dairy company, Bega Cheese, has been well received by the company’s largest supplier group, Dairy Farmers Milk Cooperative (DFMC).
Dairy farmers the winners in Bega expansion
Dairy farmers are expected to win out, as some iconic brands return to Australian ownership.
Bega buys Lion’s Australian dairy business in $560m deal
Bega Cheese executive chairman Barry Irvin says adding a range of popular household dairy names such as Yoplait, Big M and Pura Milk to its books will finally give the business the heft it was seeking in the global food sector.
Bega prepares $400m raising for Lion Dairy and Drinks buy
Bega Cheese is expected to raise up to $400 million to fund its purchase of Japanese drinks giant Kirin’s Lion Dairy and Drinks.
Bega to get bigger with purchase of Lion’s dairy business
ASX-listed Bega Cheese looks primed to add yoghurt to its portfolio of products after beating out international dairy giant Saputo and Tanarra Capital to the Lion Dairy and Drinks business.
Fonterra, Bega and Saputo pay no levies to help fund Dairy Australia
Pressure is mounting on giant milk processors to put their money where their mouths are by pitching in cash towards lifting farmgate returns for Australian dairy farmers by half a billion dollars by 2025. The state of play is fascinating.