(LCBO.com)

Australia takes Canada to WTO over wine rules

Geneva | Reuters — Australia has complained at the World Trade Organization about Canada’s rules on wine sales, expanding a similar U.S. complaint against one province. In October, Washington accused British Columbia of providing an unfair advantage to local vineyards by giving their wine an exclusive retail channel in grocery store shelves and cutting out […] Read more


(LDCom.com)

Dreyfus to sell Australian fertilizer unit to Agrium

Paris/Winnipeg | Reuters — Global commodity trader Louis Dreyfus has agreed to sell its fertilizer business to Canada’s Agrium as it continues an overhaul in response to tough agricultural markets. Louis Dreyfus is to sell Macrofertil Australia, which has annual sales of around US$120 million, to Agrium’s Australian unit Landmark Operations in a deal expected […] Read more



(MGC.com.au)

Saputo woos Australia farmers in Murray Goulburn rebuild

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 CEO said on Thursday. The Montreal-based company agreed last week to buy the co-operative for C$1.3 billion including debt, and has already planned 15 meetings […] Read more

(MGC.com.au)

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 Goulburn (MG) said Saputo would pay between A$1.10-$1.15 per share, compared to its A$2.10 issue price when it listed in 2015. A total buyout value […] Read more