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Dairy

News headlines

Bega Cheese revenues up

Bega Cheese has announced a normalized 9.9% increase in profit after tax, a revenue increase to $403.5m (A$561.4m) and an EBITDA of $23.6m (A$32.9m) in its 1H 2016 financial report for the half year ending December 27, 2015.

Pyreos to work with Bosch India on milk analysis

Pyreos, the UK-based passive infra-red sensor developer, has announced its technical co-operation with Bosch India for the joint development of milk analysis technologies.

Down Under

Fsanz seeks views on proposed revision of infant formula regulations

The antipodean food regulator is calling for public and industry submissions on its proposed approach to revising infant formula requirements in the Food Standards Code.

Aussie cheese: Country folk buy more, urbanites opt for own brands

Australians who live in the country are generally more likely than their city-dwelling counterparts to buy cheese in most states, a survey has found.

Tetra Pak redesigns ice cream filler after demand rises in Southeast Asia and South America

Tetra Pak has modified its A3 Ice Cream Filler; redeveloping its cone and lid dispenser, chocolate sprayer and increasing its capacity from four to six lanes, created in partnership with brand owners in North Europe and Southeast Asia.

Parmalat completes purchase of Fonterra yogurt and dairy business in Australia

Italian dairy company Parmalat has announced it has completed the acquisition of Fonterra’s yogurt and dairy dessert business.

Vietnam’s dairy sector ripe for milking

Unable to keep up with rising local demand, Vietnam’s dairy sector shows immense potential for local and foreign investors, according to a new report.

Infant formula drives profits at a2 Milk

The a2 Milk Company has posted its financial results for the six months ending December 31, 2015.

News in brief

Fsanz invites public submissions on dairy processing aid

The antipodean food regulator has called for public evidence in a bid to allow the use of an agarose ion exchange resin to extract lactoferrin from milk. 

Fonterra introduces longer lasting Anchor milk

Anchor Finely Filtered Milk, with a new microfiltration technology to extend shelf life by 40%, has been introduced in the Australian state of Victoria.

Dairy Australia predicts challenging times

Decreasing global dairy prices, dry conditions and high input costs are tightening margins for Australia’s dairy farmers, and reducing national milk production, according to the latest Situation and Outlook report from Dairy Australia.

This week Down Under

Study: No benefits for children from reduced-fat dairy diet

Australian research has called into question international dairy guidelines for toddlers, saying that the consumption of reduced-fat dairy has no additional health benefits.

News in brief

Fonterra introduces new organic payment plan

Fonterra is introducing an independent organic milk price linked to market returns for organic products.

Australia

Company case study: Closed supply chain key to clean, green exports

A closed-loop supply chain and a strong contact network in Asia are behind the success of an emerging premium food company from South Australia.

Fonterra constructing Sri Lanka training farm

Fonterra Brands Sri Lanka has announced the construction of its first demonstration and training farm in Sri Lanka.

News in brief

Murray Goulburn nabs Coles cheese contract

Murray Goulburn Co-operative Co. Limited has announced that it has entered into a five-year national private label contract to supply Coles brand Australian cheese.

China direct

Prediction: China to have world’s safest infant formula in a decade

In the next decade, China will have the safest infant formula available anywhere—just 10 short years after China's melamine scandal (writes Paul O’Brien of Chemlinked). 

REPORTS FROM THE 2016 IDFA DAIRY FORUM

Globalization and adaptation: The future of dairy cooperatives

Globalization, information and innovation will be essential components for dairy cooperatives over the next decade, industry executives said at the 2016 IDFA Dairy Forum.

Fonterra cuts forecast milk price

Fonterra Co-operative Group Limited has reduced its forecast Farmgate Milk Price for the 2015/16 season from $2.97 (NZ$4.60) per kgMS to $2.68 (NZ$4.15) per kgMS.

Fonterra to develop functional products through new partnership with China’s By-Health

China’s By-Health has signed a strategic cooperative partnership agreement with Fonterra, according to a statement on CNINFO, China’s stock market information website.

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