News

Agriculture Victoria (AgVic) says a seventh property in Victoria has reported bird flu, with areas around Lethbridge and Terang restricted. The first outbreak was reported in late May at an egg farm in Meredith, Victoria.

PepsiCo and AgMission have partnered to award Charles Sturt University’s Cool Soil Initiative $2.1 million, to research sustainable agriculture and expand the initiative.

Australian Dairy Nutritionals appoints new CEO, Mahinthan (Mahi) Sundaranathan. Sundaranathan replaces Peter Skene, who had been CEO for 14 years and officially resigned on 17 June.

Wide Open Agriculture (WOA) and Saputo Dairy Australia have agreed to terminate their MOU, with both parties saying current priorities and timing don’t align.

With some Victorian fruit growers recently having their canning quotas cut due to cheaper imports, fresh produce company Box Divvy is urging farmers to prioritise their fresh produce for consumers.

Queensland University of Technology is partnering with Bundaberg Brewed Drinks to offer an entrepreneurial scholarship to a student from the region participating in the Mayor’s Telstra Innovation Challenge.

At this year’s Naturally Good Awards, the People’s Choice Award winner went to Natures Farmer Sea for its boldly blue, Blue Tongue Wizard Sea Moss Gel. Founded by Jess Redman and Benji Dimitrioski, Kim Berry asked the pair about the brand, starting with, what is sea moss gel.

The CEO and director of Australian Dairy Nutritionals, Peter Skene, has resigned, effectively immediately. Skene was with the company for 14 years. He will assist in the transition to a new CEO.

Bubs Australia says it is continuing to see “exceptionally strong demand” in the US, with a new weekly scan sales record of revenue exceeding US$1 million.

Anuga says the Anuga Alternatives trade show reflects the growing interest and variety in the alternative proteins industry. The show will focus on a wide variety of products from the plant-based protein, insect protein, algae protein, mushroom-based protein, and cell-cultivated meat segments.

Treasury Wine Estates (TWE) says integrating the Global Revenue Growth arm into the Premium Brands division will unlock growth opportunities for its priority premium brands and increase operating efficiencies.

In a challenging time for the craft brewing industry, West Australian brewery, Beerfarm, is determined to buck the trend. With its recent acquisition of Feral Brewing's production facilities and sights on global markets, Keira Joyce speaks to Beerfarm founder and director, Ian Atkins, about plans for the brewery.

Alcoholic beverages brand Hard Fizz has completed a $2.5 million capital raise, advised by FMCG advisory company Ranged’s new corporate team.

Dr Mary Manning has been appointed the inaugural chief investment officer for the National Reconstruction Fund Corporation (NRFC). Manning has more than 25 years’ experience in finance, economics and investment.

Is it a fancy soft drink or a functional beverage? While the use of functional ingredients is on the rise, with the Australian market worth around $600 million, scrutiny is also increasing over the health claims being made.

As Australian Vintage announced a successful $15 million capital raise, it lifted its three-week suspension and resumed trading, only to see its market capitalisation almost halve as its share price fell by 45 per cent.