Select Harvests managing director, David Surveyor, said the company’s $1.5 million net profit after tax (NPAT) for FY24, represents more than a $116 million turnaround from FY23, with an operating cash flow of $21.3 million being a 545.5 per cent increase on FY23. Read more
Anticipating a bumper crop of plums, peaches, and nectarines, fresh produce company Montague is forecasting it will pack more than 6.6 million kilograms of stone fruit this season. Among the harvest will be a new nectarine variety: Nectara.
The $15 billion National Reconstruction Fund (NRF) is open for business, and can begin investing across seven key areas outlined in the newly published NRF Corporation Investment Mandate.
The ACCC has decided it will not oppose Coles’ acquisition of two milk processing plants from dairy processor Saputo Dairy Australia located at Erskine Park, New South Wales and Laverton, Victoria.
Melanie Cooper has been appointed as the first female chair of Coopers Brewery in its 161-year history, taking over from Glenn Cooper who will step down in December after 22 years.
Food Innovation Australia Limited (FIAL) will soon deliver its Middle East Trade Readiness Forum, the first of a series of region-specific forums designed for Australian food businesses wanting to fast-track export and import developments.
The Australian Food & Grocery Council has released a position paper, highlighting the limitations of the term ‘ultra-processed foods’ in research focused on public health and environmental outcomes, and offering an alternative perspective.
Beston Global Food Company’s Lactoferrin capacity expansion has progressed forward as the company anticipates Lactoferrin sales to surpass 10MT in the first half of FY24.
Woolworths’ partnership with OzHarvest will see the supermarket match every dollar donated by customers to the charity's Christmas appeal in store and online until 26 December.
Global food and beverage group Retail Food Group (RFG) has entered into a conditional SPA to acquire Queensland pie maker Beefy’s Pies for $10 million. Family-owned, Beefy’s opened its first store in 1997.
New Zealand food solutions co-operative Alliance Group has partnered with MEQ to deploy lamb and beef probes powered by artificial intelligence across its entire plant network. The probes measure the Intramuscular Fat (IMF) levels in lamb and marbling percentages in beef.
Suntory Oceania has appointed Gordon Treanor as licensed sales director for Australia. Treanor will establish and lead the new Alcohol Route to Market team, a unit dedicated to executing sales, channel, and customer growth strategies in the Australian market.
The Department of Agriculture, Fisheries and Forestry has approved the addition of algae production to the National Standard for Organic and Bio-Dynamic Produce, allowing Australian organic algae producers to compete in the global market.
Schulz Organic Dairy has sold one million bottles of its Milk in Glass. The returnable and refillable 1L glass bottle initiative has saved more than 40 tonnes of plastic from landfill to date.
Riverland Wine, Wine Australia and the Wine Grape Council of SA have launched the Riverland Wine Industry Blueprint, outlining the next decade and a path to recovery following economic and environmental challenges in the region.
Following an investigation by the ACCC, yoghurt manufacturer Moo Premium Foods (Moo) will remove the ‘100 per cent ocean plastic’ claims from its packaging, social media and website.
An ERP system is the central nervous system of dairy companies. However, there are some essential points to consider when opting for an ERP that will have effects far into the future.