The nation's biggest
dairy exporter on Friday unveiled plans to invest $ 74 million in a cheese cut and wrap facility at Cobram in Victoria, while $ 38 million will be spent increasing production capacity for nutritionals such as infant formula, and $ 14 million is earmarked to install and commission a flexible small cup and bottle filling line at Edith Creek in Tasmania.
The nation's biggest
dairy exporter on Wednesday issued a notice of meeting for May 8, at which the Victorian co-operative's farmers will vote on a capital restructure proposal that includes listing a unit trust on the Australian Securities Exchange.
Not exact matches
Murray Goulburn chairman Philip Tracey said
on Wednesday that the the nation's biggest
dairy exporter has reached a «historic moment» after it issued a notice of meeting to its farmers to vote
on a proposed $ 500 million unit trust listing
on the ASX.
Read more
on the U.S.
Dairy Exporter Blog.
NSW - based Bega, which extended its offer for WCB
on Wednesday, is locked in a $ 500 million plus takeover battle for WCB with Australia's biggest
dairy exporter, Murray Goulburn, and Canadian behemoth Saputo.
The
dairy prices used in the FAO Dairy Price Index calculations are based on the exports of Fonterra - dominated New Zealand — the world's largest dairy expo
dairy prices used in the FAO
Dairy Price Index calculations are based on the exports of Fonterra - dominated New Zealand — the world's largest dairy expo
Dairy Price Index calculations are based
on the exports of Fonterra - dominated New Zealand — the world's largest
dairy expo
dairy exporter.
«
Dairy producers and processors in our states are deeply concerned that this market concentration provides New Zealand, the world's largest dairy exporter, with a tremendous advantage in global markets and are insistent on seeing it effectively addressed as a necessary precursor to any expansion of US - New Zealand dairy trade in TPP.&r
Dairy producers and processors in our states are deeply concerned that this market concentration provides New Zealand, the world's largest
dairy exporter, with a tremendous advantage in global markets and are insistent on seeing it effectively addressed as a necessary precursor to any expansion of US - New Zealand dairy trade in TPP.&r
dairy exporter, with a tremendous advantage in global markets and are insistent
on seeing it effectively addressed as a necessary precursor to any expansion of US - New Zealand
dairy trade in TPP.&r
dairy trade in TPP.»
Fonterra's pioneering structure is currently being pursued by Australia's biggest
dairy exporter Murray Goulburn, which is looking to follow in Fonterra's footsteps and float a non-voting share fund
on the ASX by July next year.
Fonterra Co-operative Group, the world's biggest
dairy exporter, has entered the battle for Australia's
dairy assets, buying a 6 per cent shareholding in Bega Cheese after the market closed
on Thursday.
The world's biggest
dairy exporter, New Zealand's Fonterra, is the latest mover, snapping up a 6 per cent stake in Bega Cheese in a share raid
on Thursday night.
WELLINGTON (Reuters)- The head of Fonterra's New Zealand milk products business resigned
on Wednesday, less than two weeks after the world's biggest
dairy exporter said some of its products could contain a bacteria that can cause botulism.