EU dairy co-ops to merge
Two European dairy co-operatives are set to merge and create a €14 billion business.
One of the world's largest dairy co-operatives celebrated its 150th birthday this month.
FrieslandCampina is owned by 17,000 dairy farmers from the Netherlands, Belgium and Germany.
Its history dates back to 1871, when a group of farmers established the founding company in the Netherlands.
The following year, 20 farmers in the Dutch village of Wieringerwaard, in North Holland, decided to collaborate. Together, they bought a building, two cheese tubs and a weighing scale. Soon after they appointed a cheesemaker, and this marked the first official cooperation of farmers.
In Friesland, a northern province, something similar happened in the village of Warga; a group of farmers united in a cooperative. After many mergers, these cooperatives finally resulted in the creation of FrieslandCampina. Today, dairy is one of the Netherlands' most important sectors.
FrieslandCampina chairman Erwin Wunnekink their ancestors already knew that together they are strong.
"That was true in those days, and it still is. It is the core of our identity.
"We conquered new markets by working together. We initially did this close to home in the cities, then just across the borders and, eventually, all over the world.
"Almost all the people in the world know our cheese and our infant nutrition."
Chief executive Hein Shumacher says the business is based on 150 years of cooperative knowledge and experience.
"Its foundations consist of family businesses that have been members of the current cooperative and its legal predecessors for many generations.
"We have enterprising farmers, who by working together daily provide millions of consumers throughout the world with the goodness of milk, from grass to glass, every day. I am really proud of this," he said.
New Zealand avocado growers have received a major boost by securing a collective FernMark Licence for their exports.
Beef + Lamb NZ's countrywide director roadshow arrived in Feilding last week, bringing with it ongoing positivity in the sector, an overview of the work B+LNZ does on behalf of levypayers and a proposed change on how the levy would be collected in the future.
A stronger than expected outlook for dairy has prompted one bank to lift its 2025-26 season forecast milk price by 75c to $10.25/kgMS.
Chinese dairy giant Yili Group says its New Zealand operations are on track for strong revenue growth in 2025 after recording significant year-on-year growth for the first half of the year.
Trade Minister Todd McClay says the US tariff decision appears to be based on a calculation of trade deficits, with countries running a surplus with the US moved to the higher rate.
Alliance Group has announced plans to sell a 65% stake in the farmer-owned co-operative to Irish meat processor Dawn Meats Group for $250 million.
OPINION: Sydney has a $12 million milk disposal problem.
OPINION: Canterbury milk processor Synlait's recovery seems to have hit another snag.