Winnipeg | Reuters — Saputo, one of Canada’s largest dairy producers, aims to return Australia’s Murray Goulburn Co-operative to profit by aggressively pursuing more of the country’s milk supply, its […] Read more
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Saputo woos Australia farmers in Murray Goulburn rebuild
Saputo to buy Australian dairy co-op Murray Goulburn
Reuters — Murray Goulburn Co-operative, Australia’s largest milk processor, on Friday said it agreed to a buyout from Canadian dairy company Saputo worth up to A$637.8 million (C$627.5 million). Murray […] Read more
New OVC vet rotation focuses on dairy animal welfare
The Ontario Veterinary College has added a dairy animal welfare rotation to its fourth-year curriculum, as part of an increased focus on animal well-being. The rotation is offered through the […] Read more
Major dairy farm gets six-figure fines in cruelty case
British Columbia’s largest dairy farm has been slapped with a reported $300,000 in fines after entering guilty pleas to charges of animal cruelty, stemming from covert video shot in 2014. […] Read more
Saputo profit jumps, dividend raised
Reuters — Saputo Inc., one of Canada’s largest dairy producers, reported on Tuesday a 30 per cent jump in net earnings and boosted its quarterly dividend by 11 per cent. […] Read more
Ottawa weighs options over U.S. milk proteins
Winnipeg | Reuters — Canada is working on a plan to shore up its sheltered dairy industry, including measures to counter fast-rising imports of milk proteins from the U.S., according […] Read more
Saputo eyes Brazil for acquisitions
Reuters — Saputo Inc., one of Canada’s largest dairy producers, has an eye on Brazil for possible acquisitions, and could make deals worth as much as $3.5 billion, its CEO […] Read more
Saputo to shut three dairy plants in East
Quebec dairy giant Saputo hopes to eventually cut about $7 million in annual costs by closing three dairy plants in Eastern Canada before the end of next year. The Montreal […] Read more
Agropur eyes further U.S. acquisitions
Reuters — Canada’s second-biggest dairy, Agropur Co-operative, said it is looking to grow in the U.S., possibly through acquisitions, in the face of an expected erosion of its market share […] Read more
Saputo earnings up with weaker loonie
Reuters — Saputo, one of Canada’s largest dairy producers, reported higher than expected adjusted earnings on Thursday, helped by weakness in the Canadian dollar. For its fiscal third quarter, adjusted […] Read more