Dairy

Global dairy prices expected to move higher through 2024

Limited milk supply growth and lacklustre demand led to soft global dairy commodity pricing in 2023. However, the global dairy market appears to be transitioning to the next phase in its cycle, with prices expected to move higher through 2024, according to a new report from Rabobank.

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Saputo explores potential sale of King island Dairy

Saputo Dairy Australia will undertake a strategic review of its King Island Dairy facility in Tasmania, and has committed an additional $27 million towards improvement projects across its sites in Victoria and Tasmania, commencing this fiscal year.

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