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Last updated on April 16, 2014 at 12:11 EDT

Latest Dairy Farmers Stories

2008-08-27 18:00:00

By Alistair Houghton DRIVING along the Chester bypass, it would be easy to miss the cluster of roofs tucked away up a small country lane. But if you did miss it you'd be missing out on dairy ingredients business Meadow Foods - one of the region's biggest companies and among the UK's biggest suppliers of dairy products. Its managing director Paul Deakin says Meadow Foods' products, from cream and butter to chocolate crumb, are found in foods from shortbread to ready meals. Its...

2008-08-26 15:00:40

By JANES, Andrew New Zealand's Fonterra will face a powerful new competitor across the Tasman with National Foods set to buy Australian co-op Dairy Farmers for $1.1 billion. After a competitive sales process, Dairy Farmers announced yesterday it would recommend the Kirin- owned National Foods' bid to its farmer shareholders. It will require the approval of at least 75 per cent of its shareholders in a vote in mid-November. Fonterra pulled out of the race to buy Dairy Farmers in June,...

2008-08-26 12:01:04

Kirin, the Japanese brewer, is expanding its food business in Australia through the acquisition of Dairy Farmers by its National Foods division. The acquisition, for 910 million Australian dollars, or $780 million, is intended to help it diversify away from a shrinking domestic market for beer. Analysts said the move by Kirin, which bought National Foods for $1 billion in November, begins a long-awaited consolidation of Australia's dairy industry, which largely comprises farmer...

2008-08-26 06:00:35

National Foods has announced that it will acquire all of the shares in Australian Co-operative Foods, which trades as Dairy Farmers, for a cash consideration of A$5.65 per share. This equates to an enterprise value of A$910 million for the cooperative. Under the terms of the proposal, it is intended that part of the cash consideration of A$5.65 per share will include a fully franked special dividend from Dairy Farmers of up to 594 cents per share. In addition, suppliers to Dairy Farmers...

2008-08-26 00:00:23

Tokyo, Aug. 25 (Jiji Press)--Major Japanese beverage company Kirin Holdings Co. said Monday that Melbourne-based wholly owned subsidiary National Foods Ltd., Australia's biggest dairy company, will purchase second-ranking Sydney-based Dairy Farmers. The deal is expected to be worth 884 million Australian dollars, Kirin said. Dairy Farmers, officially known as Australian Co-operative Foods Ltd., is a cooperative in which some 2,000 Australian farmers are investors. Its sales totaled...

2008-08-19 00:00:24

By james knock Gloucestershire farmers fear they will become pawns in a bitter price war between supermarkets as the battle to win back customers escalates. Major supermarkets have announced a new round of price cuts in an attempt to lure consumers away from budget stores such as Aldi and Lidl. Asda unveiled a range of goods for sale at 50p, including two pints of milk. The retailer said customers would be able to buy milk at its cheapest price since 2001, following increases of...

2008-07-20 15:00:21

John Bluett believes most dairy farmers will find value in new guidelines aimed at helping them with the Resource Management Act (RMA). "Dairy farmers have to deal with the RMA through the resource consent process every day," Mr Bluett, vice chairman of Federated Farmers national dairy section, said. "There will be situations where dairy farmers will find this guide useful, whether it is improving their farm operation, subdividing land or assessing their right to farm." Dairy Industry...

2008-07-19 00:00:29

CHEESE and milk producer Dairy Crest said yesterday it was continuing to pass on higher milk costs to customers as inflationary pressure showed no signs of abating. The group said sales in its dairies division rose 5 per cent during the three months to June 30, "principally reflecting the impact of price increases to recover higher raw milk and commodity costs". Sales at Dairy Crest's foods division - products include Cathedral City cheddar, Country Life butter and Utterly Butterly spread...

2008-07-18 18:00:30

Cheese and milk producer Dairy Crest is continuing to pass on higher milk costs to customers as inflationary pressure showed no signs of abating. The group said yesterday that sales in its dairies division rose five per cent during the three months to June 30, "principally reflecting the impact of price increases to recover higher raw milk and commodity costs". Sales at Dairy Crest's foods division - its products include Cathedral City cheddar, Country Life butter and Utterly Butterly...

2008-07-18 15:00:31

THOSE in the tractor parts supply business are enjoying busy times too, says Kevin Lowe (Stratford) the owner of Taranaki Tractor Dismantlers Ltd. "I'm run off my feet at the moment but I don't know whether that's because of the record dairy payout or other factors," he says. "The Government has made it very hard to employ staff now, which also helps explain why I am run off my feet. I do what I have to do; if I can't do it, it doesn't get done. "But it's probably a myth that dairy...