Friday, 18 September 2020 13:02

Battle is on

Written by  Milking It

OPINION: One of Australia’s biggest dairy businesses is back on the market after the Federal Government knocked back a bid by Chinese company Mengniu.

Lion Dairy, owned by Japanese brewer Kirin, is now getting the attention of listed Australian processor Bega Cheese.

Fonterra, which has a sizeable business across the ditch, hasn’t put its hand up for the business yet.

The thwarted sale process is another twist in the worsening trade relations between Beijing and Canberra – an escalating diplomatic ‘cold war’ that went into overdrive when Australia joined calls for an independent inquiry into the origin of Covid-19, thought by many to originate in Wuhan, China.


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A jump in the value and volume of New Zealand’s sheepmeat exports to Europe and the UK shows why preserving WTO tariff-rate quotas is so important, claims the Meat Industry Association (MIA).


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While lamb prices are starting the new season at around 16% below last year’s levels, they are not outright weak, according to the BNZ.


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