Fonterra’s farmer shareholders have granted approval for the company’s proposal to divest its consumer products division. The Mainland Group and its associated businesses are set to be sold to Lactalis for a sum of $4.22 billion. High Support for Divestment A…
Agricultural e-commerce platform Pinduoduo has helped to raise incomes for rural farming communities by widening market access for producers, who can now bypass intermediaries to sell directly to consumers. But while many farmers are aware of the benefits of…
The Covid-19 pandemic has made it difficult for Vietnamese dragon fruits, in season now, to be exported. China, which accounts for some 80 percent of Vietnam’s total dragon fruit exports, has restricted the flow of goods at some border gates as part of its…
Nearly 8,000 Vietnamese farmers started trading on e-commerce platforms in the first six months, up 191 percent year-on-year, as authorities pushed the development of the digital economy. The total value of agriculture produce on e-commerce platforms in the…
Vietnamese beef prices have been falling because of a market glut, while imported beef is flexing its competitive muscles, offering higher quality for similar prices. In the central province of Ninh Thuan, dealers are buying a head of cattle from farmers for…
The administrators of Aussie Farmers Direct have recommended that the company be wound up after failing to find a buyer for the business ahead of a second creditors meeting later this week. Owing $86.7 million, Stay in Bed Milk & Bread (traded as Aussie…