New Zealand’s dairy industry is milking its Australian counterpart out of A$30m a year, according to a dairy farming lobby group that is calling for a free-trade agreement to level the playing field.
The world’s biggest dairy exporter has appointed a new head of global operations, with Robert Spurway taking on the newly-created position on Fonterra’s management team.
Milk production in the world’s biggest dairy producing country continues to grow quickly, with India seeing an increase of around 19% in the five years from 2006 to 2010.
With dwindling domestic supplies, China’s move to buy up huge quantities of milk from international markets is having a significant impact on buyers in other countries, while also bolstering dairy prices across the world.
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.
In a bid to develop modern dairy farming practices in China, Nestlé China has joined forces with local government, investors and farmers to create a training institute in Shuangcheng, in the Heilongijiang province.
A German fund is buying up acres of New Zealand farm land meant for dairying, saying that its is extremely bullish on that sector in the country, thanks to the spiking demand from developing economies.
A new report raises serious doubts about the future prospects of Australia’s dairy exports, citing various reasons why the country's production levels will not be able to keep pace with demand for dairy.
A report commissioned by Fonterra to investigate the fairness of the dairy giant’s milk pricing has faced criticism from its competitors, according to news reports.
DSM has announced its intentions to work with players from throughout the Chinese dairy industry in attempts to ensure improved safety throughout the country’s milk supply chain.
Australian dairies will drum up A$15 million in funding over the
next three years to support a new innovation centre that will be
tasked with finding ways to better compete with a challenging
marketplace.
Chinese dairies need to invest more in R&D to capitalise on
future growth in added value products like milk drinks, cheese and
yoghurts, advises a new report from consultants McKinsey.
