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Westland Milk officially changes hands

Westland Milk officially changes hands

West Coast dairy company Westland Milk is now officially owned by Chinese dairy giant Yili. At a handover ceremony in Auckland, Yili took over the reins of the former co-op. Westland’s board resigned yesterday ahead of the handover. Board members including outgoing...

Dairy Has Hopes For Trade Deal With Japan

Dairy Has Hopes For Trade Deal With Japan

Dairy exporters have lost sales to Japan, sitting on the sidelines for business opportunities since the Trans Pacific Partnership (TPP) is now in effect. President Trump decided to remove the U.S. from TPP shortly after he took office. Trade talks between the U.S. and...

Rollercoaster Markets Lead Milk Higher

Rollercoaster Markets Lead Milk Higher

A rollercoaster day in the ag markets came Monday following the announcement from China that they would be halting all imports of U.S. ag products as a response to the most recently announced U.S. tariffs on Chinese goods. Grains, dairy, and livestock markets fell...

Saputo targets premium markets with Lion takeover

Saputo targets premium markets with Lion takeover

Canadian dairy giant Saputo has vowed to bring more of a "premium" focus to some of Tasmania's best-known specialty cheese brands as a decision on its $280 million takeover of Lion Dairy and Drink's cheese assets approaches. Chief executive Lino Saputo Jr recently met...

Dairy Markets Still Hold Optimism

Dairy Markets Still Hold Optimism

It has certainly been exciting seeing Class III milk futures moving up to and above $18.00 in a few months. It has been some time since it has been at that level. There is nothing magic about $18.00 other than it has been such a long time since it has been at that...

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