Bega Cheese profits drop as dairy industry shifts into difficult time
August 31, 2015

Bega Cheese has not escaped dairy industry troubles announcing a big drop in profits for the 12 months ended the 30 June 2015.   The company announced net profits after tax of $12.4 million, a fall of 81 per cent on record  2014 results.   Bega saw a $29 million reduction in returns from global commodity sales which the dairy producer said significantly impacted results.   Despite the profit drop, Bega Cheese believes it has responded well to falling dairy prices caused by an... ...Read more »

Bulla launches greek-style frozen yoghurt range
August 17, 2015

Bulla has launched a new greek-style frozen yoghurt range. The new range includes blueberry, raspberry and honey flavours. Bulla says the yoghurt is made with ‘real fruit’ and contains no artificial flavours or colours. It  is also made from fresh low-fat yoghurt and contains less than 69 calories per serve. The yoghurt is available for both supermarket and commercial purchase. Bulla’s greek-style range will join other frozen yoghurt offerings from Bulla including low-fat yoghurt tubs and... ...Read more »

Devondale introduces Cultured Style butter range
August 5, 2015

Murray Goulburn’s dairy brand Devondale has introduced a new butter range called ‘Cultured Style’. This latest offering from Devondale is inspired by the European way of culturing butter which brings out sweet and tangy flavours. Devondale has three products in the Cultured Style range, Cultured Style Salted Butter – A salted version of the butter which Devondale says is ideal for butter sauces or melting over vegetables. Cultured Style Unsalted Butter – Cultured style butter... ...Read more »

Dairy fat human consumption study shows important difference from soy oil
August 3, 2015

Researchers from Baker IDI Heart and Diabetes Institute and Deakin University in Melbourne, have performed a study to assess the effect of dairy fat and soy oil on circulating postprandial lipids in men (Meikle et al., 2015). The study was funded by the Dairy Health and Nutrition Consortium. The study has shown that dairy foods promote a unique plasma phospholipid profile, which may be important to good health. This randomised controlled crossover design trial, involved a total of sixteen men who... ...Read more »

Rachel’s Gourmet Yoghurt launches new dessert flavours range
August 3, 2015

Rachel’s Gourmet Yoghurt has introduced a new dessert flavours range. The new flavours consist of, Salted Caramel Butterscotch and Vanilla Bean Boysenberry and Vanilla All are made using greek yoghurt. Rachel’s Gourmet Yoghurt started in 1984 when owner Rachel Rowland was operating a farm in Wales. The yoghurts are now made in Bendigo, Victoria from Australian milk and are preservative free. The new Rachel’s Gourmet Yoghurts can be brought from Coles, Woolworths and independent supermarkets... ...Read more »

A2 Milk rejects takeover by Freedom Foods and Dean Foods consortium
July 22, 2015

The A2 Milk Company is currently reviewing some other undisclosed expressions of interest for acquisition after it decided to reject the takeover offer made by Freedom Foods and the Dean Foods Company. In an update released to the Australian Securities Exchange (ASX) and the New Zealand Stock Exchange (NZX) ,Managing Director and CEO of The A2 Milk Company, Geoffrey Babidge said that the Expression of Interest proposal made by Freedom Foods and Dean Foods Company was not “compelling” and his... ...Read more »

Top 5 cheese brands hold less than 10% of global market
July 13, 2015

The global cheese market is growing strongly, driven by emerging countries such as Brazil, where cheese consumption is expected to triple in less than a decade. However, the top five global brands hold less than 10% of the market. According to Canadean Research, the global value of cheese stood at US$216.3 billion in 2014 and is expected to reach US$237.2 billion in 2019. However, the global cheese market is also highly fragmented, with the top five brands – Kraft, Philadelphia, President, Sargento... ...Read more »

Fonterra opens first wholly-owned European plant
July 13, 2015

New Zealand based global dairy producer Fonterra last week opened its first wholly-owned ingredients plant in Europe. In a smart move, the plant is located in Heerenveen in The Netherlands and is next to local A-ware Food Group’s cheese plant; Fonterra will process the whey and lactose bi-products from that adjacent A-ware Food Group factory. Fonterra’s Heerenveen plant will have the capacity to process up to 2.7 million litres of whey daily and will have an annual production capacity of 25 000... ...Read more »

Riggs Autopack Depositor streamlines Granny Gothards ice cream production
July 13, 2015

Riggs Autopack, of Lancashire UK, a market leader in volumetric depositors and filling machines, transfer pumps and conveyor filling lines, has recently installed a depositor for Granny Gothards of Somerset Levels, a traditional ice cream manufacturer. With demand increasing and a new summer season on the way, Granny Gothards recognised the need to improve their production processes, including the efficient filling of their ice cream product into pots. The current filling process by hand was both... ...Read more »

Murray Goulburn shares fly as global dairy markets dive
July 8, 2015

Despite dairy commodity prices dropping globally, Murray Goulburn’s share debut on the Australian Securities Exchange (ASX) has been a strong one. Murray Goulburn is the largest of the Australian-owned dairy processors to list on the ASX. Last Friday 3 July 2015, Murray Goulburn dairy group partially listed on the ASX to raise $500 million in capital. The initial shares were sold at $2.18, up on the $2.10 issue price. By Monday the closing price was $2.42 although the shares experienced a slight... ...Read more »

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