![]() ![]() Now it’s left to customers, including the big supermarkets, to step down the supply chain and get closer to the farm gate. So as the likes of Saputo, a Canadian-listed company that burst on to the Australian scene a decade ago, wind back their presence, there are few, if any, buyers. New players, once hopeful of big Australian milk processing and dairy platforms, such as China Mengniu Dairy, are also hurting. The big four dairy groups – Fonterra, Saputo, Lactalis and Bega – are either retreating, thinking about retreating, or looking further up the value chain and away from plain old white milk. Australia’s dairy sector needs a new white knight, but instead it has found supermarket giant Coles. ![]()
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