Dairy processors warn on coronavirus disruption
Executives from two of Australia’s biggest dairy processors have warned that the COVID-19 pandemic is disrupting markets in ways not seen before.
Fonterra gets glimpse of documents after Bega boss corrects statement
New Zealand dairy giant Fonterra has largely been denied access to documents belonging to rival Bega Cheese, after Bega chairman Barry Irvin said he inadvertently gave incorrect evidence to a court hearing over a dispute between the two groups.
Bega trying to make best of a bad situation
Bega Cheese is facing another tough year as drought continues to squeeze milk supply and lift farmgate prices in Australia, analysts say.
Bega profit down 59% amid milk supply woes
Bega Cheese says fierce competition and diminishing milk supply has curdled its full-year result, but insists a processing overhaul has improved its prospects in the face of further industry challenges.
Milk, cheese, and baby formula – mooing for more
Bega Cheese (BGA, $4.69) CEO Barry Irvin believes the change is more structural – it will endure long after the rain starts falling again. This emerging milk scarcity is moulding the strategy of the country’s only listed scale processor that sources 1.1 billion litres of milk – 10% of total supply – annually.
Call to raise cheese price
Bega boss frustrated that focus is on white milk.
Bega lifts milk price
Bega Cheese has announced a farm gate milk price increase of 14¢/kg milk solids for 2018-19.
Bega and Saputo step up
Source: http://adf.farmonline.com.au/news/magazine/industry-news/general/bega-and-saputo-step-up/2758318.aspx