An Introduction To Australian Dairy Industry

Free trade is the unrestricted purchase and sale of goods and services between countries without the imposition of protection such as tariffs and quotas. This enables economies to focus on their core competitive advantage(s), thereby maximizing economic output and fostering income growth for their citizens. Australian exports rose from $66.6 billion in 1990-91 to $300.4 billion in 2012-13, with an average growth in export volumes of 4.6 per cent per annum since 1990-91. This is reflective of Australia’s proactive actions to phase out protection since the 1970s. The major effects of domestic and global free trade and protection policies

The Ontario Dairy Herd Improvement Corporation, run by general manager John Meek, aims to improve the efficiency and profitability of dairy farming through an accurate, rapid, and cost effective milk testing service. Milk testing is an essential herd management component for all dairy processors as it measures the amount, quality and contents of the dairy products. Supply management agencies limit milk production; thus, profit is maximized through acquiring premiums from quality dairy with high levels of protein and butter fat as opposed to mass production and distribution. The dairy herd is the largest source of revenue for farmers, data from milk testing helps maximize milk production as farmers

In 1990, there were over 9300 dairy farms in Ontario housing almost 450,000 cows. The farm-gate value of milk produced exceeded 1.3 billion dollars. At the retail level, dairy product sales in Ontario exceeded 4 billion dollars. The number of dairy herds in Ontario on a milk-testing program had declined from about 7100 in 1985 to 6000 in 1990. Moreover, a continued decrease was projected.

The Australian Dairy Industry in general, remains to be one of the most important rural industries in Australia. In fact, the Australian Dairy Industry is a well-established industry in the nation (Dairy Australia n.d.). Murray Goulbur-Devondale holds a strong position within the Australian Dairy Industry due to the company’s ability to commit to promoting sustainable practices towards their environment, society and resources. Murray Goulburn-Devondale is committed to providing high quality dairy products to customers and to become the leader in dairy foods through “excellence and innovation” (Devondale Murray Goulburn 2014). The company’s branding position in the market has been improving and expanding to grow towards creating a strong global presence. To justify, Devondale Murray Goulburn (2014) acclaimed that the company has been ensuring to take necessary actions to improve environmental performance in order to reduce environmental impact and wastes to the area at which it operates. Furthermore, Murray Goulburn-Devondale has been working closely with their customers through research and development for the purpose of ensuring that the company is meeting the needs of the public. All these operations and research emphasize that Devondale makes to itself a stable and an effective position in the Australian dairy industry (Devondale Murray Goulburn 2014).

This region is known for the dairy; about 13% of Australians milk comes from The Goulburn Valley. There are nearly 3,000 commercial dairy farms in the Goulburn Region, with 12 factories receiving milk in the area. Goulburn region dairy products include milk, butter, cheeses, yoghurt, and dried milk products. Same other product grown are Apples, apricots, peaches, pears, plums, nectarines, kiwi fruit, oranges, lemons, limes and cherries. Fruit is a big intrust bring a profit of 335m a year for the region

Benefits the economy, supports thousands of Australian jobs and is helping to provide protein to some of the world’s poorest people across Asia and the Middle East. Australia’s beef cattle exports are wroth $1.35 billion and the sector employs more than 10,000 people, including many Indigenous Australians.

The dairy industry is an integral part of Canadian agriculture. It is the third largest

Dairy farming has changed because of technology over the years. Dairy products are now made easier and faster and can be cropped in a short amount of time. Cows are now milked faster so that farmers can get a better profit and more money. In 2009 the Johnsons installed four robotic milking machines. Johnson said that ”they went crazy for that”and it did all the work in ten minutes.the farms were getting bigger because of technology but farms started to decrease because their were bigger individual ones. Thousands of the farms went out of business because technology was expensive and many people could not afford it. Now that technology was found people could go on vacations. “ Johnson and his family could be more involved in their community

Exporting has become a very important business strategy nowadays. In order for firms to expand to the international market, and also to maintain and grow their share of market in whatever industry they are in, depending on their goals and objectives, any company must at least explore this possibility. A few and important advantages might come into place, in that they can extend their sales potential of their existing products, increasing margins through a larger customer base. Also, these small to large businesses can consolidate by gaining global share of market, they can reduce their dependence on their existing markets,

With a GDP of over $1 trillion USD, the Australian economy is among the largest in the world (Cornett and Saunders, 2014). Australia is trading partners with the United States, China, and Japan, but their economic ties are mainly centered in the Pacific Rim. Exports are crucial to the country’s GDP and this has created problems regarding sustainability in the Australian economy.

Australia’s Position in the global exporting market is only 22nd, which is far from its leading top trade partners that fit in the Top 5. Also, Australia’s global ranking in the global importing market is 18th, which is under India whose economic status is much lower than Australia. A second disadvantage that Trading brings to Australia is the competition between local small businesses and Trans National Corporations (TNC). Local businesses are closing down and being taken over because of the increase in the entrance of TNCs in Australia. Large Fast food chain Corporations like McDonalds, put local fish and chips shops under pressure. Another disadvantage with Australia being part of International trading is that most of the products that Australia export are agricultural goods that has high tariffs, making it costly for Australia to be able to export.

The section covers background information, core products/services, mission and strategic objective, SWOT (Strength, Weaknesses, Opportunities and Weaknesses) analysis and targeting strategy of the company.

Canada 's dairy sector operates under a supply management system based on planned domestic production, supervised pricing and strict controls on dairy product imports. The system was adopted for industrial milk in the early 1970s to address the unstable prices, uncertain supplies and fluctuating producers and processor revenues which were common in the 1950s and 1960s. By enforcing this system, farmers attempt to strike the most accurate balance between supply and demand of dairy products (Canadian Dairy Commission, 2010).

Movements in the exchange rate for the Australian dollar against currencies of Australia’s trading partners influence international competitiveness. Increasing international competitiveness means increasing productivity through the better use of resources. Increasing competitiveness suggests that goods and services produced in Australia will be more attractive in domestic markets. Australia’s international competitiveness has fluctuated quite widely during the past two decades. Changes in international competitiveness over time will affect the goods and services balance and therefore the current account in the balance of payments. The competitiveness of Australia’s exports and import competing goods and services can depend on a variety of factors,

This assignment is about Fonterra Company entering into Russian market with product cheese. And also includes about the challenges faced by company when you enter into new market and also