Sat, 19 Apr 2008
Jakarta (ANTARA News) - Leading Australian dairy producers met with Indonesian food producers and dairy users in a seminar here early this week to discuss the challenges in the world dairy market and the importance of retaining high quality dairy ingredients for food production.

An Australian Embassy media release on Saturday said the seminar, hosted by the peak body for the Australian dairy industry, Dairy Australia, was been warmly welcomed by Australia`s Senior Trade Commissioner, Rod Morehouse.

"We are very pleased to have Dairy Australia in Indonesia this week to share information with Indonesian food producers and dairy users on the issues affecting this sector, as well as provide details on the significant technical and quality advances in Australia`s dairy industry," Morehouse said.

"Australia`s primary producers are committed to long term supply into Indonesia and the important contribution our high-quality agricultural inputs have for Indonesian food producers and consumers, particularly in ensuring food safety, is well known both in Australia and here in Jakarta," he added.

Meanwhile, Dairy Australia`s Manager of International Policy, Phill Goode, said the two factors of tightening international supply and strong global demand had caused the current global shortage of dairy products and high prices.

"The cost of making dairy products has become linked to the competing use for stock feed to be converted into biofuels, while at the same time the high cost of soy beans and wheat for human consumption is limiting the grain available to feed dairy herds," Goode said.

He added, however, that many food manufacturers around the world were making conscious decisions to maintain the use of high quality dairy ingredients so as to continue to deliver the products their customers want.

"Food manufacturers know the use of the right ingredient will ensure the taste, quality and healthiness of the end product," Goode said. (*)



News Search/Filter
Transaction Rates
18 Oct 17
Buy
Sell
AUD1
11,008.00
10,219.89
BND1
10,347.02
9,607.97
BTC1
72,509,648
72,509,648
CAD1
11,214.79
10,411.20
CHF1
14,333.64
13,308.11
CNH1
2,122.34
1,970.80
DKK1
2,216.35
2,057.81
EUR1
16,498.68
15,320.08
GBP1
18,491.47
17,170.67
HKD1
1,795.01
1,666.86
JPY100
12,494.65
11,602.03
LAK1
1.69
1.56
NOK1
1,766.19
1,639.52
NZD1
10,042.43
9,323.23
PGK1
4,498.49
3,956.26
SEK1
1,719.45
1,596.16
SGD1
10,347.02
9,607.97
THB1
423.77
393.29
USD1
14,014.00
13,014.00
VND1
0.62
0.57
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services