Fonterra sale ‘yet another blow’ to Aussie farmers
Sale of Australian dairy production assets risks further consolidation in an industry that farmers say already has too many unfair market pressures.
Fonterra is behind some of the best-known dairy brands in Australia.
New Zealand-based dairy giant Fonterra’s plans to divest its Australian businesses has been lambasted as “yet another blow” to Australian dairy farmers by the Business Council of Co-operatives and Mutuals (BCCM), which says the move is a risk to Australian consumers.
Fonterra has eight
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