The New Zealand co-op has confirmed the timeline for implementing its Flexible Shareholding capital structure, designed to ‘level the playing field’ among farmer owners.
Murray Goulburn Co-operative Co. Limited (MG) has provided an update on the impact of very wet climatic conditions on milk intake as well as a revision of its full year forecast farmgate milk pricing.
Dubai-based Al Rawabi Dairy has installed a UV water disinfection system from Hanovia, the water treatment firm has announced as it prepares to launch its latest range of UV treatment systems that could help overcome chlorine aftertastes.
China Modern Dairy has played down rumours of a takeover by “a third party” – assumed to be Mengniu – but has confirmed that talks are ongoing with the unnamed company in regards to the “possible disposal of certain assets.”
The Fonterra-dominated New Zealand dairy industry will experience a growth slowdown over the next decade as growth-driving factors evolve, agribusiness Rabobank has forecast.
