130-year-old Brownes Dairy sold to Chinese firm.

One of Western Australia’s most recognised household dairy names — the 130-year-old Brownes Dairy — has been sold to a Chinese firm. Brownes chief executive Tony Girgis announced today the private equity group Archer Capital had sold the company to Shanghai Ground Food Tech, who they described as “experienced dairy operators who understand the industry”….

China lifts import ban on Australian beef

CHINA has lifted a three-month ban on beef and lamb processed by a group of Australian abattoirs. In July, suspensions were made on exports from JBS’s Toowoomba and Scone plants, Thomas Food International’s facility at Murray Bridge in South Australia and Northern Co-operative Meat Company’s Casino processor, as well as plants run by Kilcoy Pastoral…

First Wellard cattle shipment to China: Australia China FTA

CATTLE exporter Wellard has made its first shipment of beef cattle to China for processing, under the Australia China Free Trade Agreement. Wellard says 2,000 Angus and Angus-cross steers sourced from Victoria and South Australia have left Portland in Victoria bound for Shidao in China’s Shandong province. The Chinese group Fulida had become the majority…

Foreigners in charge of Australia’s dairy destiny: Murray Goulburn sale

THE Australian dairy industry is no longer in charge of its own destiny. ANALYSIS: And the days of the large dairy co-operative are over. If Canada’s Saputo, with an annual turnover of $US8.4 billion last year, is successful in buying Murray Goulburn it would control up to three billion litres of milk in the Australian…

China’s huge demand for dairy is driving up butter prices

CHINA’S endless demand for Australian dairy and baby formula is behind the butter price rises — and it will soon force bakeries to switch from using butter to margarine to survive. Many sausage rolls, Swiss rolls, biscuits and croissants will start tasting different as bakeries deal with a 30 per cent increases in the cost…

Murray Goulburn sold to Canadian – owned Saputo for $1.3 billion

CANADIAN family dairy company Saputo Inc has won the battle for Victorian-based dairy co-operative Murray Goulburn. Murray Goulburn has announced it has entered into a binding agreement to sell to Saputo Dairy Australia Pty Ltd, the Australian arm of the Canadian dairy giant, for $1.3 billion. The deal is subject to approval from the Foreign…

Grazier says mega-mine could ruin water

HAVING lived his whole life on the land, grazier Bruce Currie is determined to leave the country he’s farmed in better shape for future generations. But he’s worried Adani’s planned Carmichael mega-mine will have irreversible effects on the only source of fresh water for much of inland Australia. Mr Currie said it was uncertain what…

Palaszczuk Government resume Emerald farmland for Adani rail link

THE State Government has resumed 3568ha of agricultural land for Adani’s rail line from the planned Carmichael Mine to Abbot Point. The decision was Gazetted last week and has angered a farm group partly backed by the Tim Flannery-led Climate Council. Land resumptions are a normal part of any infrastructure project and Adani said it…

Up to 84pc of tomatoes left in field due to supermarket demands

Tomato waste at rotten levels as up to 84 pc of crops left in field due to supermarket demands Supermarket demands for unblemished fruit has led to a high level of waste in the tomato industry, researchers say. A study from the University of the Sunshine Coast has found 70–84 per cent of undamaged, edible…

Australia’s largest domestic abattoir to close

Churchill company director Barry Moule said the facility was the largest domestic abattoir in Australia but it had been hit hard by cattle shortages and high prices. Workers became worried when the owners let it be known they were looking for a buyer, possibly Chinese, to acquire the troubled abattoir and upgrade it from Australia’s…