Australia

Fonterra's Fixed Base Milk Price is a risk management tool that lets farmers lock in a set price for up to 70% of the season’s milk before it starts. Pic: ©Getty Images/petej

Fonterra announces fixed base milk price for 2019/20

By Jim Cornall

Fonterra farmers in Australia participating in the company’s Fixed Base Milk Price will be paid a guaranteed price of A$6.80 (US$4.74) per kilogram of milk solids (kgMS) for a portion of their milk for the 2019/20 season.

The MedDairy diet meets additional calcium requirements recommended by Australia’s national health bodies. Pic: ©Getty Images/inaquim

‘MedDairy’ diet also boosts cognitive and mood functions, researchers find

Mediterranean diet with added dairy shown to improve heart health in Australia

By Richard Whitehead

Tasty and healthy, the Mediterranean diet is acknowledged by many to be one of the more pleasant ways to stay in rude cardiovascular health. Now cheese-lovers are bound to rejoice after researchers in Australia discovered that adding dairy to the typically...

Lion Dairy and Drinks' portfolio includes flavored milk and iced coffee. Stock picture:getty/theeradechsanin

Kirin considers sale of Lion Dairy and Drinks

By Rachel Arthur

Japanese beer and beverage giant Kirin has announced a strategic review for Lion Dairy and Drinks - a producer and distributor of dairy products and beverages in Oceania – with the sale of the unit one of the options.

(Picture credit: MackieKlew/flickr)

Murray Goulburn proposes $405m takeover of Warrnambool

By Fiona Barry

Murray Goulburn has challenged Canadian giant Saputo’s attempted acquisition of Warrnambool Cheese and Butter (WCB) with an offer that, if accepted, would create one of the largest Australian food and beverage firms.

Competition watchdog scrutinizes Amcor takeover plans

Competition watchdog scrutinizes Amcor takeover plans

By Rory Harrington

The Australian competition watchdog confirmed it is probing Amcor’s proposed takeover of packaging company Aperio Group to see if the deal would damage competition in the domestic market.