-
NZ dairy giant Fonterra makes a play in Australia, meeting with disgruntled Victorian Murray-Goulburn suppliers
Fonterra's Stanhope site takes milk from about 260 farms in northern Victoria to produce specialty cheeses and cheddar, powders and ghee. New Zealand dairy giant Fonterra is circling disgruntled Australian farmers in the heart of the country's largest farming collectives. Fonterra has met with about 20 dairy farmers at Kergunyah, in north eastern Victoria, in anticipation of increased demand for milk to supply its Stanhope factory, west of Shepparton. Despite being a major player in NZ and Australia, Fonterra has virtually no footprint in the Murray-Goulburn heartland, with the Aussie collective holding about 90 per ... (full story)