Podcasts about Bega Cheese

Wall Street started the new trading week with all three major benchmarks closing in the green, despite the tensions in global trade. The Dow Jones gained 0.08%, the S&P500 up 0.41%, while the Nasdaq gained 0.67%. European markets closed mixed overnight as President Trump's 50% steel tariffs inflate EU trade tensions. The STOXX600 closed 0.14% lower, the German DAX down 0.28%, France's CAC down 0.19%, while the FTSE 100 was slightly higher up just 0.02%. Locally on Monday the ASX200 posted a 0.24% loss to start the new trading month lower, as energy and utility stocks weighed on market gains, while only 3 of the 11 sectors ended the day in the green.  Brickworks (ASX:BKW) soared over 25% on Monday after the company announced a $14 billion merger with Washington H. Soul Pattinson (ASX:SOL), with the arrangement initially valuing BKW shares at a 10.1% premium to the previous closing price. The market's reaction signals investors are positive about the strategic outlook for the merger and diversification the new merger offers in the building, property and diversified financials space. What to watch today:The Australian market is expected to rebound, with the SPI futures suggesting a 0.82% rise at the open this morning. In commodities, Crude oil has rallied 3.67%, trading at US$63.00 per barrel, following OPEC+'s announcement of a steady production increase. The price of gold is also in the green, up 2.78% to US$3,380.76 an ounce While iron ore has dropped over 3%, trading at US$95.95 per tonne, so keep watch of companies such as Mineral Resources (ASX:MIN) or Fortescue (ASX:FMG). Trading ideasBell Potter maintains its Buy rating on Bega Cheese (ASX:BGA) as the diversified food company continues to execute against its strategy to deliver FY28 EBITDA of more than $250 million. Bell Potter's price target remains unchanged at $7.00, and at BGA's current share price of $5.55, this implies 26% share price growth in a year. And Trading Central have identified a bearish signal in Goodman Group (ASX:GMG) indicating that the stock price may fall from the close of $32.64 to the range of $26.25 to $27.50 over 29 days, according to the standard principles of technical analysis. 

In this edition of The Conversation Hour we delve into why AFL recruiters are being sent to America , and what it could mean for the profile of the game internationally. We also discuss the impacts of the closure of the Bega Cheese processing site in Strathmore, talk the dangers of AI bias in surveillance and we reflect on what role the piano has in people's lives

Dom talks with Stu Davison from HighGroundDairy about the latest Global Diary Trade Event (+4.6%), the race between Lactalis and Bega Cheese for Fonterra's consumer assets and the recent American Dairy Products Institute Conference in Chicago. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

On today's REX Daily Podcast, Dom talks with Mīti founder Daniel Carson about the removal of the specialised equipment used to make the product, following Off-Piste Provisions pausing manufacturing at the New Zealand Food Innovation Network, what it means for the company and why he thinks it's a blight on the entire NZ meat industry, as there's now not a single facility in New Zealand where to co-pack or contract manufacture a high-value meat product... He talks with Stu Davison from HighGround Dairy about the latest Global Diary Trade Event (+4.6%), the race between Lactalis and Bega Cheese for Fonterra's consumer assets and the recent American Dairy Products Institute Conference in Chicago... And he talks with Agritourism NZ founder Marijke Dunselman about two upcoming free webinars about how to diversify your fam into agritourism (May 8th & 13th), World Agritourism Day and the Agritourism Academy. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

The big miners have suffered a poor half-year reporting period, but does this mean that the boom days are over? MARKET WRAP: ASX200: down 1.15%, 8,322 GOLD: $2,965 US/oz BITCOIN: $152,436 AUD The miners were weaker, with Rio falling 1.5% as it said revenues were down Fortescue posted a 20% decline in revenue, enough to see shares tank 6.2% to $18.24. The banks were on the slide again as ANZ gave its first quarter update. Goodman Group emerged from its trading halt, shares dropping almost 5% to $34.20 today. A 13% fall in first half earnings for Whitehaven Coal didn’t deter the market, with shares up 8.9% on a better outlook. A tasty profit of $110.3 million for Bega Cheese helped its share price higher by 2.4% And Charter Hall posted a $61 million profit on lower portfolio devaluations, with shares jumping 6% to $17.21. CURRENCY UPDATE: AUD/USD: 63.65 US cents AUD/GBP: 50.5 pence AUD/EUR: 61 Euro cents AUD/JPY: 95 Japanese yen AUD/NZD: 1.11 NZ dollars See omnystudio.com/listener for privacy information.

ASX200: up 0.78%, 8,314 GOLD: $2,666 US/oz BITCOIN: $168,264 AUD Six sectors gained more than 1% Energy dropped another 1.1%, including losses for Whitehaven Coal, which dropped 3.2%, and New Hope shed 1.4%. Graphite maker Novonix secured a loan of $755 million from the US government, with shares up 3.4% today, up to 60.5 cents a share. PEXA Group saw gains of 8.2% after appointing a new CEO. A solid performance from the banks saw Commbank up 1.6%, NAB rising 1.5%, ANZ up 0.8% and Westpac 0.7% Bega Cheese rose 3.2%, and Super Retail Group lifted 2.5%. APA shares back 1.5% to $7.18. GYG, Treasury Wine Estates and Mineral Resources all finished down. See omnystudio.com/listener for privacy information.

Wall Street has extended on its record finish to trade higher yet again overnight. The Dow Jones jumped 0.47%, the S&P 500 gained 0.77% and the tech-heavy Nasdaq rose by 0.87%.So far, this third quarter earnings season, the 30 companies on the S&P500 that have reported have beat earnings expectations by about 5% on average which is better than the 3% beat this time last quarter.Over in Europe, markets closed higher following market rallies in Wall St overnight. The STOXX600 gained half a percent by the end of the trading day with tech stocks jumping 1.7%, whilst travel and leisure stocks fell 0.8%. Germany's DAX rose 0.69%, the French CAC gained 0.32% and over in the UK the FTSE100 ended Monday's trading session 0.47% in the green.Locally yesterday, the ASX200 rose 0.47% despite the majority of sectors finishing in negative territory. Gains were led by the material and health sectors which rose by 1.3% and 0.89% respectively. This was offset by the energy sector which fell by 1.26%.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.45% at market open this morning.On the commodities front this morning, At the time of recording, oil is trading 4.5% lower to 72 US dollars and 17 cents a barrel following concerns over China's weakening economy after China's Finance Ministry briefing on Saturday, which lacked new major financial stimulus. Gold is trading 0.39% lower at 2646 US dollars an ounce and iron ore is trading 0.6% higher at 106 US dollars and 44 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Bega Cheese (ASX:BGA) and has a current share price of $5.25. The 12-month price target of $6.45 represents a share price growth of 22.9% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bullish signal on Perentin Ltd (ASX:PRN), indicating that the stock price may rise from the close of $1.05 to the range of $1.18-$1.22, on a pattern formed over 71 days, according to the standard principles of technical analysis.

Mark 'Trigger' Tregellas is a country copper through and through, and has served in various towns around Victoria during his three decades in the job.They were tough towns full of tough people, and even though Mark is definitely among the toughest, he's managed to retain his sense of humour. Mark has written a book called "Backup is Three Hours Away" and he joins us on Australian True Crime to tell us more about the time his life was saved by a truckload of Bega Cheese and many other examples of the unpredictable life of a country cop.You can click here to purchase "Backup is Three Hours Away".Click here to subscribe to ATC Plus on Apple Podcasts and access all ATC episodes early and ad-free, as well as exclusive bonus episodes. For Support: Lifeline  on 13 11 1413 YARN on 13 92 76 (24/7 crisis support phone line for Aboriginal and Torres Strait Islander peoples)1800RESPECT: 1800 737 732CREDITS:Host: Meshel Laurie. You can find her on Instagram Guest: Mark 'Trigger' TregellasExecutive Producer/Editor: Matthew TankardGET IN TOUCH:https://www.australiantruecrimethepodcast.com/Follow the show on Instagram @australiantruecrimepodcast and Facebook Send us a question to have played on the show by recording a voice message here.Email the show at AusTrueCrimePodcast@gmail.com Become a subscriber to Australian True Crime Plus here: https://plus.acast.com/s/australiantruecrime. Hosted on Acast. See acast.com/privacy for more information.

This is a "Shortcut" episode. It's a shortened version of this week's more detailed full episode, which is also available on our feed.Mark 'Trigger' Tregellas is a country copper through and through, and has served in various towns around Victoria during his three decades in the job.They were tough towns full of tough people, and even though Mark is definitely among the toughest, he's managed to retain his sense of humour. Mark has written a book called "Backup is Three Hours Away" and he joins us on Australian True Crime to tell us more about the time his life was saved by a truckload of Bega Cheese and many other examples of the unpredictable life of a country cop.You can click here to purchase "Backup is Three Hours Away".Click here to subscribe to ATC Plus on Apple Podcasts and access all ATC episodes early and ad-free, as well as exclusive bonus episodes. For Support: Lifeline  on 13 11 1413 YARN on 13 92 76 (24/7 crisis support phone line for Aboriginal and Torres Strait Islander peoples)1800RESPECT: 1800 737 732CREDITS:Host: Meshel Laurie. You can find her on Instagram Guest: Mark 'Trigger' TregellasExecutive Producer/Editor: Matthew TankardGET IN TOUCH:https://www.australiantruecrimethepodcast.com/Follow the show on Instagram @australiantruecrimepodcast and Facebook Send us a question to have played on the show by recording a voice message here.Email the show at AusTrueCrimePodcast@gmail.com Become a subscriber to Australian True Crime Plus here: https://plus.acast.com/s/australiantruecrime. Hosted on Acast. See acast.com/privacy for more information.

ASX heavyweights released results this week that painted a mixed picture about the outlook for FY25. Over August, 275 companies released results, with 85 beating expectations. From soaring profits to unexpected setbacks, join Grady as she delves into the details and analyses the implications for investors.In this week's wrap, Grady covers:(0:37): how Wesfarmers shares declined following strong results(2:00): why Qantas' share price ran into turbulence(2:51): what caused mining giant Mineral Resources to tumble(4:52): how the market performed this week so far(5:39): the most traded stocks & ETFs by Bell Direct clients(6:06): economic data to watch out for.

Consumer stocks are split into two distinct categories - those that are sensitive to economic cycles (discretionaries) and those that aren't (staples). Both, however, have been on a tear over the past 12 months, despite a cost of living crisis that is continuing to take a bite out of Australians' wallets.  Take Lovisa, for instance, which has soared 59% over the past 12 months. Or Wesfarmers, up 35%. Or Nick Scali, up 44%. Meanwhile, consumer staples stocks, like Bega Cheese, Inghams, and Treasury Wine have risen 41%, 35% and 11% respectively.  All this is to say that the sector is looking pretty hot - other than the supermarkets, of course. However, with savings now starting to dry up, and the economy beginning to slow, how much longer can these stocks hold up?    To find out, Livewire's Ally Selby was joined by two consumer-focused analysts in Alphinity Investment Management's Jacob Barnes and Wilson Asset Management's Hailey Kim.  They share where they are seeing opportunities within the two sectors, some of the trends they believe investors should be aware of and outline which factors will be important to success over the coming 12 months.  Plus, they analyse three major players within the sectors and share their highest conviction buys right now.  Note: This episode was recorded on Wednesday 3 July 2024. You can read an edited transcript below.  https://www.livewiremarkets.com/wires/2-big-buys-and-the-next-steps-for-consumer-stocks     

In episode 101 of the [i3] Podcast, we speak with Damon Callaghan and Sam Byrnes of asset management firm ECP. ECP was established by Dr. Manny Pohl of Hyperion Asset Management fame and in this episode we talk about the opportunities and challenges of artificial intelligence when investing in Australian equities. Enjoy the show! 01:00 How we got started in investing 04:00 Sam: My dad was CEO of Bega Cheese and that got me both interested in business and also made clear that I didn't want to work in a factory 06:00 Who is ECP? 09:30 Artificial Intelligence and the Australian stock market 13:00 Parallel processing and the ability for GPU's to work in tandem 15:00 Where do you see the best use cases in Australian companies? 17:00 Hub24 is a good example of AI being used well 22:00 Is AI disruptive, or does it merely cement the dominance of the large incumbents? 23:30 Xero vs MYOB 29:30 Can you defraud a chatbot? 30:00 Corporate use of AI will be a lot slower than what the hyperscalers would like 37:00 Consultants will be the biggest winners from this 37:30 Ethical considerations in implementing AI. Adobe and copyright 45:00 The future of AI is hyper personalisation

The grains industry releases a road map to improve the freight network and the sector's global competitiveness, dairy processors Saputo and Bega Cheese defend the lower opening milk price offered to dairy farmers for next season, and South Australian David "Doc" Cunningham receives an OAM for his service to the beef cattle industry.

The owner of Mainland Cheese and distributor of Bega Cheese is planning to sell the brands in Australia because it wants to get out of the consumer-facing market. Netflix has announced it is going to build its own advertising tech platform to compete against the big players like Google, Meta and Amazon. Nike is cutting jobs at its subsidiary company, Converse as part of its cost-cutting plan. —Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatworkDownload the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Rising geopolitical tensions and inflation concerns were the drivers of Wall Street's negative close on Friday with the Dow Jones suffering its worst session since January. The launch of attacks on Iran from Israel fuelled oil prices to surge over the weekend paired with fresh U.S. imports data added fuel to investors concerns of rising inflation pushing back the outlook for rate cuts in the world's largest economy.The Dow Jones fell 1.24% on Friday and 2.37% for the week, the S&P500 lost 1.46% on Friday and 1.56% for the week and the tech-heavy Nasdaq lost 1.62% on Friday and 0.45% for the week.First quarter results in the U.S. have started being released with Wells Fargo sliding 0.4% on Q1 results while Citigroup declined 1.7% despite posting a beat in revenue. JPMorgan Chase fell 6% on Friday after the banking giant posted first quarter results including outlook for net interest income to likely come in slightly short of what Wall Street is expecting for 2024.Over in Europe, markets closed mixed on Friday as investors digested key economic data and assessed the latest inflation reading out of the US. The STOXX600 rose 0.06% led by mining stocks rising 2.4%, Germany's DAX fell 0.13%, the French CAC fell 0.16%, and, in the UK, the FTSE100 rallied 0.91%. British economic output increased by 0.1% MoM in February which was inline with expectations, and provides a further sign of slight improvement in economic stability following sluggish growth over recent months. The European Central Bank also announced the holding of interest rates for a fifth consecutive meeting on Thursday but gave its clearest signal yet that rate cuts are on the horizon in the near future.In Asia on Friday, markets closed mixed in the region as economic data and key inflation readings sparked mixed investor reactions. Hong Kong's Hang Seng lost 2% and China's CSI Index fell 0.81% following China's exports falling more than expected in the month of March, coming in at a decline of 7.5% compared to the 2.3% fall economists were expecting.Locally on Friday the ASX closed the final trading session of the week lower as investors continue to question rate cut hopes out of the RBA and Fed. The ASX200 fell 0.3% on Friday but rose 0.3% for the week. Consumer staples and discretionary stocks weighed on the market on Friday but some of the heavy losses were offset by strong gains for utilities and tech stocks.Star Entertainment Group fell 7.3% on Friday after reporting a significant decline in revenues from its gaming rooms, while Cettire dropped almost 7% despite preliminary sales figures for Q3 coming in strong.What to watch today:Ahead of the local trading session here in Australia to start the new trading week, the SPI futures are expecting the ASX to open Monday's session down 0.64% tracking Wall Street's losses on Friday.On the commodities front this morning, oil is trading 0.36% lower at US$85.36/barrel, gold is up 0.7% at US$2359/ounce and iron ore is up 1.28% at US$106.50/tonne.AU$1.00 is buying US$0.64, 99.22 Japanese Yen, 52.29 British Pence and NZ$1.09.Trading Ideas:Bell Potter has increased the rating on Cettire (ASX:CTT) from a hold to a buy but have reduced the 12-month price target on the online fashion retailer from $4.50 to $4.00 per share following the release of a Q3 trading update including sales revenue of $168m which was 88% higher than the PCP and was a 14% beat on Bell Potter expectations, however, adjusted EBITDA margins of 3% were a miss to Bell Potter's expectations.And Trading Central has identified a bullish signal on Bega Cheese (ASX:BGA) following the formation of a pattern over a period of 33-days which is roughly the same amount of time the share price may rise from the close of $4.16 to the range of $4.65 to $4.75 according to standard principles of technical analysis.

Wall St closed higher overnight as the major averages rise to new record levels. The Dow Jones rallied 0.68%, the S&P500 closed 0.32% higher and the tech-heavy Nasdaq ended the trading session 0.2% in the green.Over in Europe, markets closed higher overnight as European stocks hit record highs following monetary policy decisions from the Bank of England and Swiss National Bank. The STOXX600 ended the trading session up 0.9% with nearly all sectors finishing in the green with technology stocks up 3.2%, whilst utilities fell 0.39%.Locally yesterday, the ASX200 closed 1.12% higher with the majority of sectors finishing in the green. Gains were led by the financial and consumer discretionary sectors which rose 1.74% and 1.5% respectively. This was slightly offset by the utilities sector which fell 0.59% by market close.Australian unemployment data was also released yesterday, down to 3.7% from the previous result of 4.1% and the consensus of 4%.What to watch today: The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.18% at market open this morning.On the commodity front this morning, Oil is trading 0.67% lower at US$80.72 a barrel as Ukrainian drone strikes on Russian refineries stoke supply concerns. Gold is trading down 0.23% to US$2180 an ounce as investors become confident central banks will ease monetary policies soon. And iron ore is trading flat at US$108.50 a tonne as hopes for a recovery in Chinese demand prevents a further sell off. Trading Ideas: Bell Potter has maintained a speculative buy rating on Clarity Pharmaceuticals (ASX:CU6) with a current price per share of $3.00. The speculative buy rating is maintained by Bell Potter with them giving CU6 a valuation of $3.90 per share, implying a 30% share price growth in a year.And Trading Central has identified a bullish signal on Bega Cheese (ASX:BGA), indicating that the stock price may rise from the close of $4.15 to the range of $4.60-$4.70, on a pattern formed over 17 days according to the standard principles of technical analysis.

Bega Cheese have seen profits climb as it diversifies and adds to its already successful dairy operations.See omnystudio.com/listener for privacy information.

Get early access to The Perfect Health Lesson, and the calculator discussed in today's lesson. ⁠⁠⁠Click this link now⁠⁠⁠ In today's episode: Meet Barry Irvin. The Chairman of Bega Cheese, a company he grew to $3 billion. Barry Irvin is recognised globally for his extensive experience in the dairy industry and has been Chairman of Bega Cheese Limited since 2000. Barry's leadership has seen Bega grow from a small regionally based dairy company to now one of the largest dairy and food companies in Australia, supplying a large range of dairy and grocery products in Australia and around the world. Barry's depth of knowledge of the industry includes a significant understanding of the issues affecting Australian dairy farmers, the key investments required to meet changing consumer needs and the management of long term customer relationships. Barry is very aware of the importance of social responsibility, he has been Chairman of Giant Steps, an organisation providing services to children and young adults with autism since 2002.

The ASX200 advanced 1.42% this week (Mon - Thurs), with real estate and information technology in the lead. The rally came after the RBA announced it's holding the cash rate at 4.35%. Most industry sectors posted strong gains, apart from energy and utilities.As the festive season and new year approach, let's consider Bell Potter's latest outlook and stock picks, across three industry sectors - fast moving consumer goods or FMCG, technology and real estate.In this week's wrap, Sophia covers:(0:30) buying opportunities in the FMCG industry(1:36) Bell Potter's recommendations in the tech sector for 2024(2:44) real estate stocks to consider(4:52) the best & worst performing stocks on the ASX200(5:48) the most traded stocks by Bell Direct clients this week(6:28) economic data to watch out for next week.

Over in the US, Wall Street closed in the green as investors assess the latest corporate results released alongside a retreat in treasury yields. Coca Cola shares closed higher after the beverage giant posted revenue and earnings that topped market expectations, while music streaming service Spotify soared 10% after the company posted third quarter results that topped expectations. In Europe, markets snapped a 5-session losing streak to close higher on the release of strong corporate earnings results, despite unfavourable economic data being released. Hermes shares rose after the luxury retailer reported a 16% spike in sales growth for the third quarter. And the STOXX600 rose 0.4% on Tuesday, boosted by mining stocks rising 2.6%.The ASX overcame Monday's sell-off, closing higher yesterday as investors shook off fears of an extended war in the Middle East and bond yields continued to retreat, increasing demand for equities. The energy and materials sectors did most of the heavy lifting on the local market yesterday on the rising price of oil and iron ore.What to watch today:Our local market is set to open higher this morning, with the SPI futures suggesting a 0.35% rise at the open. In economic news, inflation data is out today which will give investors and the RBA an indication of how well the rate hikes to date have worked toward taming inflation. The market is expecting Q3 inflation to drop to 5.3% year-on-year from 6% year-on-year in Q2. The recent key drivers have been services and housing inflation which will be two key metrics that the RBA and investors assess in the data out later today. Pending the result, we will likely see the ASX move accordingly after the data is released this morning, with sectors that are rate-sensitive like Tech and REIT stocks, likely to have the biggest impact.In commodities, Crude oil is trading lower, extending losses for the third session. Gold is slightly lower, pausing its recent climb to a five-month high off the back of a stronger US dollar and elevated yields, as investors awaited US GDP and inflation numbers. While iron ore is trading higher, so keep watch of ASX-listed iron ore stocks today. And AU$1.00 has slightly strengthened to buy US$0.64, 95.24 Japanese Yen, 51.93 British Pence and NZ$1.09.Trading Ideas:Bell Potter maintains a Buy rating on Bega Cheese (ASX:BGA). Their price target is $3.35 and at its current share price of $2.91, this implies 15% share price growth in a year. And Trading Central have identified a bullish signal in Perseus Mining (ASX:PRU) indicating that the stock price may rise from the close of $1.76 to the range of $1.86 to $1.89 over 23 days, according to the standard principles of technical analysis. 

Wall Street closed mixed on Friday amid a spike in the price of oil and renewed inflation fears which led to the Dow Jones rising 0.12% while the S&P500 fell 0.5% and the Nasdaq lost 1.23%. For the week, the S&P500 added 0.45%, and the Dow Jones rose 0.79%, but the tech-heavy Nasdaq fell 0.18% over the four trading days.Escalating geopolitical tensions in the Middle East caused the price of oil to jump 6%, the most in one session since April.Dollar General shares popped 8.8% on Friday after the discount retailer announced former CEO Todd Vasos would return to lead the company while chipmaker and AI shares including Adobe and Nvidia shares rallied to end the week higher. The release of key consumer sentiment data also weighed on Wall St on Friday with the reading showing investor sentiment plunged in October while inflation fears spiked. Third quarter earnings are also in focus over the next week as investors will assess how corporations are faring the high interest rate environment. JPMorgan Chase and Wells Fargo kicked off the earnings period with stronger-than-expected profit and revenue for the third quarter.Over in Europe, markets closed lower on Friday amid global investor sentiment sliding especially on the back of rising geopolitical tensions between Hamas and Israel. The STOXX600 fell 1% weighed down by tech stocks dropping 2.5%. Germany's DAX shed 1.55% on Friday, the French CAC fell 1.42%, and in the UK, the FTSE100 lost 0.6%.Locally on Friday, the ASX200 fell just over half a percent, weighed down by a sell-off in technology and real estate stocks, which are both sectors impacted by higher interest rates which is the general consensus at the moment among investors through the sentiment of higher for longer. Chalice Mining fell a further 8.3% on Friday while Weebit Nano and Core Lithium fell over 6% each. Bega Cheese rallied over 3% though after Bell Potter upgraded the dairy maker to a buy rating with a price target of $3.35/share.What to watch today:Ahead of the new trading session here in Australia, the SPI futures are expecting the local market to open the new trading session down 0.42% to start the new trading week lower.On the commodities front this morning oil is up 5.99% at US$87.87/barrel, gold is up 3.42% at US$1932.50/ounce and iron ore is up 1.74% at US$117/tonne.AU$1.00 is buying US$0.63, 94.13 Japanese Yen, 52.06 British Pence and NZ$1.06.Trading Ideas:Bell Potter has increased the 12-month price target on Coventry Group (ASX:CYG) from $1.35 to $1.40 and maintain a buy rating on the company following the release of the multi-disciplinary industrial supply and services company's 1QFY24 trading update indicating Coventry is on track for a very strong FY24. Group sales for the first quarter were up mid-single digits to $94.6m while unaudited pre-AASB-16 EBITDA came in at $5.4m, up 11% on the PCP.And Trading Central has identified a bearish signal on Ingenia Communities Group (ASX:INA) following the formation of a pattern over a period of 59-days which is roughly the same amount of time the share price may fall from the close of $3.96 to the range of $3.45 to $3.55 according to standard principles of technical analysis.

US markets closed lower overnight, following the release of key inflation data with core inflation year on year declining to 4.1% in September as markets were expecting. The monthly inflation rate for September fell from a 0.6% rise in August to a 0.4% rise in September which was slightly above what markets were expecting at 0.3% which has reignited fears of further interest rate hikes. The S&P 500 and tech-heavy-Nasdaq closed just over 0.6% lower with the Dow Jones also losing half a percent on Thursday.US treasury yields rose off the back of released inflation data to 4.70% after hitting its highest peak in 16 years earlier this month.In terms of US stocks, Walgreens jumped 7% following progress in its cost-cutting plans and lower levels of losses. A potential restriction in oil supply could be on the cards with the ongoing Israel-Hamas war, with geopolitical tension and instability spreading to oil producers in the US.Over in Europe, markets closed slightly higher on Thursday as they build on positive global momentum this week. The STOXX600 ended the day up 0.1% with oil and gas stocks rising 1.3% each. Travel and leisure stocks were on the losing end, dropping 0.9% as a number of airlines have decided to suspend flights to Israel. The UK's FTSE 100 ended the day in the green by 0.32%, whilst Germany's DAX and the French CAC closed 0.23% and 0.37% lower respectively.Locally yesterday, the ASX 200 closed Thursday 0.04% higher driven by rallies among the financial and real estate sectors which each jumped 0.86%. This was heavily offset by the health sector which closed 4.52% in the red yesterday due to healthcare giant CSL tumbling 6.30%.What to watch today: The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.81% at the open this morning.In terms of commodities, Oil is trading 0.16% lower at 83 US dollars and 35 cents a barrel after the oil market showed a rebound as Russia and Saudi Arabia showed they were working together to help support the oil market following the events in Israel and Gaza. Gold is trading 0.26% lower at 1868 US dollars an ounce as high interest rates increase the opportunity cost of holding the precious metal. And iron ore is up 1.32% to 115 US dollars a tonne as China are still facing financial instability issues in their construction industry.Trading Ideas: Bell Potter maintains a buy rating on Bega Cheese (ASX:BGA), despite decreasing its price target from $3.50 to $3.35 with a current share price of $2.80. The recommendation has changed from a hold to a buy as the risk and reward profile has shifted due to the material valuation upside, should BGA execute on its 5-year targets.And Trading Central has identified a bullish signal on Data3 Limited (ASX:DTL), indicating that the stock price may rise from the close of $7.29 to the range of $7.60-$7.70 over a pattern formed in 21 days, according to the standard principles of technical analysis.

On The Australian Investors Podcast '2 Sense' this week, your host and investment adviser Owen Rask is back with financial planner Drew Meredith, CFP (sometimes called "Andrew Deremith, ESQ", depending on the weather) to answer your investing questions, provide their market update and -- of course -- make you laugh. This week, Drew and Owen tackle: Results from RPMGlobal Holdings (ASX: RUL), Netwealth (ASX: NWL) & Kathmandu (ASX: KMD) Why we wouldn't buy Bega Cheese Ltd (ASX: BGA) but Vegemite is good The big tech stocks we couldn't live without Why Owen would remote Meta Platforms (NASDAQ: META) from the S&P 500 US inflation (kind of) at 3%! How to not read the Fear & Greed index Using a trust to invest, and Why betting on the Australian economy to fall is a BAD IDEA ~~ Resources ~~ Rask Events Roadshow: https://www.rask.com.au/road ASK A QUESTION HERE Join Owen's Rask Core 

The local market returned to rally mode on Tuesday closing the session up 0.56% as a near 2% rise in real estate stocks lifted the market, while materials also added over 1.15% and financials closed up 0.66%.As the cost-of-living pressures continue to bite, the flying kangaroo is flying higher than ever with demand for travel on Qantas remaining resilient as outlined by the airline yesterday in a May update to the market. Qantas said more than 4 million customers are expected to travel during the current school holidays on Qantas and Jetstar and overall demand remains strong as consumers continue to prioritise travel over other spending categories.Bega Cheese shares also dipped on Tuesday after the dairy producer also released a trading update outlining that falling supply of Australian milk means it expects prices of milk to rise again in FY24, meaning Bega, as one of the largest buyers of farmgate milk in Australia, expects to report an impairment in the value of its build dairy business between $180m - $280m, with a clearer final figure expected when Bega receives the audited result for FY23 and will update the market when they have more clarity.And for all the KFC chicken lovers out there, shares in Collins Foods, the operator of 272 KFC fast food restaurants in Australia, rocketed almost 16.5% yesterday after the company released full year results outlining revenue rose 14.2% to $1.349.5bn and an underlying net profit of $51.9m, which was down 12% YoY but beat expectations. Collins Foods warned inflation is set to remain sticky for the next 12-months due to persistent inflation in the costs of running the fried chicken outlets including wages, energy prices and input costs.What to watch today:Ahead of the local trading session the SPI futures are anticipating the ASX to open 0.37% higher on the back of the global rally overnight.On the commodities front this morning oil is trading 2.76% lower at US$67.47/barrel as central global growth rate concerns offset upside momentum from Saudi Arabia's production cuts coming into effect next week. Gold is trading 0.45% lower this morning at US$1914/ounce, and iron ore is down 1.75% at US$112.50/tonne.AU$1.00 is buying US$0.67 , 96.33 Japanese Yen, 52.63 British Pence and NZ$1.08.Australia's monthly CPI indicator data for May is out today, with consensus expecting a decline to 6.1% for the month, down from 6.8% in April, which would indicate the RBA's actions to hike rates is making a strong impact on cooling inflation, which has been particularly stubborn to tame especially for services and transport inflation.Trading Ideas:Bell Potter has downgraded the rating on Bega Cheese (ASX:BGA) to a Hold from a Buy, and decreased the price target on the cheese and dairy company from $4.00 to $3.50 following the company's release of an update including a rise in farmgate milk prices, Australian milk solids appearing mispriced against export ingredient prices, impeding returns in bulk ingredients and the risk that more attractively priced offshore milk solids increasingly find their way into the domestic market, all leading to headwinds in some domestic revenue streams.And Bell Potter has increased the price target on De Grey Mining (ASX:DEG) from $1.83 to $1.93 and maintain a speculative buy rating on the gold miner after the company released an updated Mineral Resource Estimate for its 100%-owned Mallina Gold Project, with the resource now standing at 278 million tonnes @1.3g/t of gold for 11.7 million ounces contained, representing a 10% increase in contained ounces from the prior Mallina Gold Project Mineral Resource Estimate.

The local market started the new trading week 0.6% higher, carrying the ASX rally into a 6th straight session driven by a rally for healthcare stocks, namely, CSL as investors took last week's update-driven sell-off as an opportunity to buy into Australia's largest biotech company on Monday.Locally, PointsBet (ASX:PBH) jumped 19% during the session after updating the market on its non-binding indicative proposal from DraftKings to acquire PointsBet's US business for a headline purchase of US$195m on a debt-free and cash-free basis. Yesterday's announcement saw the PointsBet board share that DraftKings offer could be ‘reasonably expected to lead to a Superior Proposal', which would further boost the PBH share price, especially as Fanatics Betting is also in the race to acquire the online sports betting company. On the mining front, Lake Resources (ASX:LKE) tanked 16% on Monday after releasing a two-phase development to targeted production of 50,000 tonnes per annum of battery grade lithium carbonate at its Kachi project in Argentina. The update outlines significantly higher capital costs, a 3-year delay to the expected production date commencement at the mine and a 50% reduction to the target amount of tonnes per annum of lithium from the project. Wall St was closed overnight for the Juneteenth National Independence day holiday, however all eyes will be on Fed Chair Jerome Powell's testimony on Thursday night Australian time to determine what the rate hike movements look like for the coming months. The Nasdaq was the winning index last week, gaining 3.3% as investor appetite for technology stocks continues to grow amid the hype around AI and its ability to drive hyper operational efficiency across many industries.Over in Europe, equities fell on Monday as investors' concerns over weakened demand recovery from China weighed on resources companies in the region, and healthcare stocks took a hit on dampened corporate forecasts. The STOXX600 fell 1% on Monday with all sectors ending the session in negative territory, while Germany's DAX lost almost 1%, the French CAC closed 1.01% lower and, in the UK, the FTSE100 fell 0.71%.   What to watch today: Ahead of the local trading session here in Australia, the SPI futures are expecting the ASX to open Tuesday's session 0.15% higher, extending the local green run into a 7th straight session.On the commodities front this morning, oil is trading 0.8% lower at US$71.21/barrel, coal is down 5.52% at US$128.45/tonne, gold is down 0.4% at US$1949.70/ounce and iron ore is up 0.43% at US$117/tonne.Stocks trading ex-dividend today include Premier Investments (ASX:PMV). If you've been thinking about this stock it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.AU$1.00 is buying US$0.68, 7.20 Japanese Yen, 53.75 British Pence, and NZ$1.10. Trading Ideas:Bell Potter has initiated coverage of Matrix Composites & Engineering (ASX:MCE) with a Hold rating and a price target of $0.35 noting the near-term earnings and free cash flow outlook is leveraged to increases in global offshore energy development activity, which Bell Potter estimates is currently at a 5-year high, resulting in an uplift in outstanding product orders to be delivered of 2H FY23 and FY23.And Bell Potter has downgraded the price target on Bega Cheese (ASX:BGA) from $4.10 to $4.00 and maintain a buy rating on the dairy company amid forecasts for movements in the cash rates, implied yield curves and impact of the strengthened Aussie dollar to USD on AUD commodity returns.

US equities closed in the red in New York overnight, with the Dow Jones closing 0.6% lower and the S&P500 slightly down 0.2%, as industrials and financials led seven of the eleven industry sectors lower. The Nasdaq was down only 0.09%. US markets eased after Friday's broad-based rally. In Europe, markets also closed lower as investors digested the US debt ceiling agreement and euro zone inflation data, which showed inflation falling to its lowest level since February 2022. The STOXX 600 closed 0.5% in the red, following muted trading for most of the trading session. Oil and gas stocks were down the most, despite oil prices remaining in positive territory. Travel and leisure stocks were also lower. What to watch today:The SPI futures are suggesting that our local market will drop 0.57% at the open this morning, following the broad decline across global markets overnight. In economic news today, the RBA will announce its cash rate decision. The consensus is that central bank will hold the cash rate at 3.85% this month. The GDP growth rate is not announced until tomorrow, so that may be contributing to the market expectations, waiting to see what GDP comes in at before announcing further hikes. And in commodities, Oil prices were trading more than 1% higher, as expectations of lower supply outweighed concerns over slowing demand. Gold is in the green following a modest weakening of the US dollar and a slight decline in US Treasury yields. This followed weak eco data in the US that reinforced the view that the Fed will pause the tightening cycle next week. And iron ore is also higher, recovering after hitting a 6-month low. Trading Ideas:Bell Potter maintains a buy rating on Bega Cheese (ASX:BGA) after reviewing Bega opening farmgate agreements across all geographics, to derive a net movement in estimated FY24 farmgate costs relative to FY23 estimates. Bell Potter's price target remains unchanged at $4.10, and at BGA's current share price of $3.59, this implies 14.2% share price growth in a year. Bell Potter also maintains a Speculative buy rating on Frontier Digital Ventures (ASX:FDV) following an amended Subscription Agreement regarding the acquisitions of FDV portfolio companies and InfoCasas. They have lowered their valuation from $1.05 to $0.89, and at the stock's current share price of $0.36, this implies 147.2% share price growth in a year. 

The Aussie share market advanced 0.38% (Mon-Thu), shaking off some of the negative offshore macro-economic events. Meanwhile, investors fled energy and materials stocks, as these sectors fell with commodity prices, partly due to a weaker than usual demand out of China.In this week's wrap, Grady covers:(1:08) Global macro themes impacting investments (2:34) The Fed's monetary tightening impact on commodities(3:24) Why investors are fleeing small & mid-cap resources stocks(4:21) The best performing stocks in the ASX200(5:18) The most traded stocks & ETFs by Bell Direct clients(5:51) Four economic news items to watch out for

The Aussie share market declined 0.74% this week (Mon-Thu), as investors fear more aggressive rate hikes. US inflation data for August came in at 8.3%, above market expectations.   In this week's wrap, Grady covers:(0:08) The latest US inflation reading(0:54) Two FMCG stocks Bell Potter has its eye on(3:18) Why investors are embracing cash ETFs(4:00) Material stocks advancing despite market turbulence(5:38) The most traded stocks & ETFs by Bell Direct clients (6:08) Two economic news items to watch out for

The local market closed 0.79% higher on Friday but was virtually unchanged for the week as a broad market sell-off early in the week offset the rally that ended the week. The big banks rallied on Friday along with the materials and energy sectors.Bega Cheese (ASX:BGA) was the winning stock on Friday after the food company released full year results. Despite Bega's NPAT falling 69% to $24.2 million, investors were impressed with the company's revenue of more than $3 billion, which was up 45% year-on-year and the issuing of guidance for FY23 expecting EBITDA to be in the range of $160 million to $190 million for FY23 amid increased consumer prices across all channels.Investors also bought into Viva Energy (AX:VEA) on Friday while selling off City Chic Collective (ASX:CCX) again after the retailer released disappointing results on Thursday, and Zip Co (ASX:ZIP) fell more than 5% on Friday. The common theme continues throughout reporting season, being that investors are selling out of stocks that fail to provide quantitative guidance for FY23, which for last week included Humm Group (ASX:HUM), Coles (ASX:COL) and Ramsay Health Care (ASX:RHC).The most traded stocks by Bell Direct clients last week were IDP Education (ASX:IEL), Boral (ASX:BLD) and Alumina (ASX:AWC). In the US and all three key indices closed lower on Friday after the commencement of the Jackson Hole where investor optimism was dampened by Fed Chair Jerome Powell saying the central bank must continue to raise interest rates to stop high inflation becoming a permanent aspect of society.What to watch today:The ASX is expected to open almost 1.5% lower following the sell-off on Wall Street on Friday.As we head into the tail end of earnings season, we have over 60 companies set to report this week, kicking off with Fortescue Metals (ASX:FMG) this morning.On the commodities front, crude oil is trading almost half a percent higher and up 35% year-on-year, brent is up almost 1.5%, natural gas is down slightly but remains up 112% year-on-year, iron ore is also up just under 2%, but gold is trading 1.2% lower.Investors will be awaiting for the preliminary retail sales data to be released for July out today with the market expecting a rise of 0.3%. Australian building Permits for July is also out on Tuesday which will give an insight into the state of the country's building crisis.Trading Ideas:Trading Central has identified a bullish signal on Charter Hall Group (ASX:CHC) due to a pattern forming over a 79-day period, indicating the stock price may rise from the close of $13.36 per share to the range of $15.70 to $16.20 per share over the same period of 79 days according to standard principles of technical analysis.Citi maintains a buy rating on Perpetual (ASX:PPT) but have lowered its price target on the stock to $30 per share following the release of FY22 results last week and more importantly, the company's acquisition of competitor Pendal (ASX:PDL), which was announced on the same day the results were released. The downgrade of the price target is on the back of Citi acknowledging both equity market risk and the apparently negative sentiment towards the transaction which could prevent the stock making near term headway.

Boom! What risk event at Jackson Hole later tonight?! The benchmark behaved like Powell will announce he's cutting rates, adding 0.8% to close at 7104.1, almost exactly where it started the week. Across the sectors, only telecommunications finished lower – the one fly in an otherwise perfect ointment. The gains were evenly distributed elsewhere with financials, materials, energy, staples, healthcare and real estate climbing between 0.7% to 1.3%. Mirroring what's been seen the entire week, top and bottom performers were dominated by reporting season. Bega Cheese delivered a tasty treat, surging 11.8% to sit atop the score board. Jumbo Interactive went off, rising 2.3%. Wesfarmers trailed in the distance but still added 1.1%. Viva Energy and Qantas were helped by broker upgrades, climbing 7.2% and 5.5% respectively, while Fortescue rallied 4.4% thanks to gains in iron ore futures and a positive resource update. Not everyone enjoyed such a buoyant Friday, however. PolyNovo was battered and bruised, tumbling 17.5%. It scrapped the bottom of the barrel. Westgold Resources was tarnished, slumping 17.1%. Smartgroup Corporation hit a pothole, losing 11%. Who knows what we'll be walking into on Monday. Over to you, Jay. Our top three VODs:Three retailers for tumultuous timesNeed to know: the key themes driving market movesBusinesses impress during 'frenetic' reporting season Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

A Bega Cheese farmer is fighting to be able to build a dam on his property.See omnystudio.com/listener for privacy information.

A Bega Cheese farmer is fighting to be able to build a dam on his property.See omnystudio.com/listener for privacy information.

Another quiet session with stocks drifting higher throughout the session. With so many major macro events over the past 24 hours, there was an obvious sense of relief there was no further increase in market volatility. Sentiment may have been assisted by the release another stellar jobs report locally, along with gains across other Asian markets. Underneath the surface, most sectors posted solid gains. Reflecting moves in US and Chinese markets, the tech sector outperformed with an increase of 2.1%. After the recent rout, materials rediscovered its mojo, lifting 1.6%. Energy rose by a similar margin while healthcare, communications and utilities rose around 1%. Bega Cheese shares were also hit by a profit warning, sliding 7.9%. The S&P/ASX 200 rose 0.44%, or 29 points, to close at 6650.6.Our top three VODs:Three inflation proof ETF opportunitiesCould the RBA hike by 75 basis points in August?How markets reacted to a sizzling US CPI print See acast.com/privacy for privacy and opt-out information.

Vegemite. You may have heard of it thanks to the Men At Work song, but it's possible you've never tried it. It's a dark, thick and salty yeast extract spread and a famous Australian delicacy. And it turns out, it gives off such a distinct smell during the manufacturing process that it's been awarded a special heritage recognition from the city of Melbourne.According to the Guardian, the city council this week voted unanimously to include the scent in any statement of significance assigned to 1 Vegemite Way in Fishermans Bend, site of the company's nearly 100-year-old factory. Deputy Lord Mayor Nicholas Reece said the decision doesn't necessarily mean the smell needs to be protected, but that it “should be acknowledged in any future development of the site.”The council was somewhat vague in its proclamation, stating only that smell should be interpreted on a plaque or other means when the site is redeveloped. That leaves the door open for future developers to install a Vegemite smell machine, which really would be the right thing to do.Bega Cheese, which owns the factory after buying the Vegemite brand from Kraft in 2017, is reportedly looking to sell the building. However, even if the company finds a buyer, it would secure a long-term lease so it could continue making Vegemite, meaning the sweet smells will likely keep churning out for years to come.

Bega Cheese has announced an opening milk price of $9 per kilo of milk solids for its local dairy farmers in southern NSW, and the company which has ten suppliers in Tasmania has offered Victorian farmers $8.40 per kilo of milk solids.

The ASX200 lifted 26 points or 0.34%, which marks the third straight gain, with the market now tracking 1.5% higher for the month of October. Sectors wise, the energy sector rose the most, up 2.6%, fuelled by further gains in oil prices. The tech sector fell the most, down 0.7%.The best and worst performers of the ASX200 yesterday included Mineral Resources (ASX:MIN) on top of the leader board, after the company announced that operations would restart at the Wodgina Lithium Mine, in the Pilbara region of WA. The worse performing stock was Perpetual (ASX:PPT), which was down 5%, and this may be due to profit taking after its strong gains last week. In the US, equities rose to record highs on Monday as investors prepare for a huge week of earnings from heavyweight tech companies. The Dow and S&P500 both closed at record highs and the Nasdaq lifted 0.9%, taking it just 1% off its record high. Following the gains on Wall Street, the futures are suggesting the Aussie share market will open 0.19% higher this morning.What to watch today:There's a few companies holding their AGMs later today. These include gold producer Regis Resources (ASX:RRL), Redbubble (ASX:RBL), Sealink Travel Group (ASX:SLK), medical device company Polynovo (ASX:PNV) and Bega Cheese (ASX:BGA).Southern Cross Electrical Engineering (ASX:SXE) goes ex-dividend today. One of the most traded stocks yesterday by Bell Direct clients was mineral exploration company, Andromeda Metals (ASX:ADN). Its shares came under pressure, falling 11.9% after the market digested its quarterly update. Oil prices were mixed - the WTI crude oil price was down 0.1% to US$83.68 a barrel, while the Brent crude oil price rose 0.5% to $85.93 a barrel, as global supply remained tight amid strong demand worldwide. The gold price rose 1% higher on lower US yields and the sea borne iron ore price traded slightly lower at US$122 a tonne.Trading ideas:Bell Potter has reiterated its BUY recommendation on death care services company, Propel Funeral Partners (ASX:PFP) with a price target of $4.90. The stock is currently trading up 48% YTD and at its current share price of $4.21, that implies 16.5% share price growth. Bullish charting signals have been identified in Galan Lithium (ASX:GLN), Genex Power (ASX:GNX) and American Pacific Borates (ASX:ABR), according to Trading Central.

US stocks started their trading week in the red, with concerns about rising long- term interest rates. The Aussie share market is set to open lower, with the futures suggesting a fall of 0.9%. What to watch today: In economic news, business confidence for September will be released, and the RBA will hold its monthly meeting. Interest rates are tipped to remain on hold until next year, however the market will be focusing on the RBA reconfirming that it will continue to buy bonds until February. The oil price rose 2.3% to US$77.62, a 7-year high, despite OPEC saying they will increase oil output in November. The iron ore price is steady at US$117. The focus for iron ore investors will be China's biggest property developer, Evergrande. Companies going ex-dividend today include Sims (ASX:SGM), Perenti Global (ASX:PRN) and BWX (ASX:BWX). Trading Ideas: Bell Potter reiterated Bega Cheese (ASX:BGA) as a BUY stock, with a price target of $6.35, implying 19% share price growth in a year. Bullish charting signals have been identified in The a2 Milk Company (ASX:A2M), Mayne Pharma (ASX:MYX) and Rumble Resource (ASX:RTR), according to Trading Central.  

Barry is the current Executive Chairman of Bega Cheese, a Board on which he has served for over 20 years. Barry and his team have turned a small regional-based dairy company into the third-largest dairy company in Australia, producing and distributing dairy food products in Australia and around the world. In a fascinating discussion, Barry speaks about Bega Cheese and how it navigates the dairy cycle. He talks about Bega’s latest acquisition – Lion Drinks and Dairy – and how that company has gone from “feared” to now “owned”. His description of how the business fits with Bega’s strategy is simple in its brilliance. Barry also speaks about how and why he played a big part in founding Giant Steps, a school for autistic children, as well as how he had to try and slow down when recently diagnosed with cancer. The podcast is hosted by Co-Founder and Investment Director of Ethical Partners Funds Management, Nathan Parkin.See omnystudio.com/listener for privacy information.

Bega Cheese has given dairy farmers in the far north of the state what it says is the strongest pricing in the country in a bid to stem the loss of milk production in Queensland and administrators are reviewing the financial position of Granite Belt horticultural entities Carnell Family Farming Propriety Limited and KPF Machinery Propriety Limited known as Kirra Pines Farming after it went into voluntary administration.

The Aussie share market is set to open higher, with the futures suggesting the market will rise 1.2%. What to watch today: NSW has abolished stamp duty costs on electric vehicles (EVs) in a bid to boost EV sales, as part of handing down its state budget today. All eyes will be on companies involved in lithium production, including Galaxy Resources (ASX:GXY), Pilbara (ASX:PLS) and Lake Resources (ASX:LKE).Victoria has invested $5 million into Australia's first locally manufactured mRNA vaccine. All eyes on CSL Limited (ASX:CSL). The oil price rose above US$73.00 a barrel overnight. The copper price rebounded 1.4% on Monday. The iron ore price last traded at US$217.00 after falling 1.6%.  Trading Ideas: Bega Cheese (ASX:BGA) was reiterated as a Bell Potter BUY with a $7.35 target, implying 21% share price growth in a year. Oneview Healthcare (ASX:ONE), Caravel Minerals (ASX:CVV) and Alcidion (ASX:ALC) are all giving off bullish charting signals according to Trading Central. 

Kraft Heinz will pay Bega Cheese $9.25 million to settle a legal dispute and JBS has resumed operations at most of its meat packing sites in the US and Australia after a ransom ware cyber attack

The Aussie share market is set to lift at the open, with the futures suggesting a 0.5% gain. US stocks advanced after two days of declines.  What to Watch: The iron ore price fell 1.3% overnight, retreating slightly from its 9.5 year high. Iron ore stocks in uptrend breakouts include Magnetite Mines (ASX:MGT), and Champion Iron (ASX:CIA). The gold price rebounded 1%. Gold stocks in uptrend breakouts include Newcrest Mining (ASX:NCM), St Barbara (ASX:SBM), Evolution Mining (ASX:EVN), OceanaGold (ASX:OGC). Also watch Westgold (ASX:WGX) and Silver Lake (ASX:SLR). The most traded stocks across Bell Direct yesterday: Province Resources (ASX:PRL), Rumble Resources (ASX:RTR) and Alterity Therapeutics (ASX:ATH) Trading Ideas: Cluey (ASX:CLU) was restamped as a Bell Potter Buy with a $1.80 price target. Bega Cheese Ltd (ASX:BGA) was upgraded as a Buy by Bell Potter with an increased $7.35 price target Brightstar Resources (ASX:BTR), Valmec (ASX:VMX) and Advanced Breaking Technology (ASX:ABV) are all giving off bullish charting signals according to Trading Central. 

A drawn-out legal battle between dairy industry heavyweights Bega Cheese and Fonterra has this morning been resolved in the Supreme Court of Victoria.

A drawn-out legal battle between dairy industry heavyweights Bega Cheese and Fonterra has this morning been resolved in the Supreme Court of Victoria.

The future of the milk processing plant at Lenah Valley is safe according to Bega Cheese.

The future of the milk processing plant at Lenah Valley is safe according to Bega Cheese.

Belinda Moore, Senior Analyst at Morgans, discusses Bega Cheese (ASX:BGA), an addition to our Morgans Best Ideas (December 2020). Check out more from Morgans: Visit the Morgans website: https://www.morgans.com.au Check out our blog: https://www.morgans.com.au/Blog On Facebook: https://www.facebook.com/MorgansAU On Instagram: https://www.instagram.com/morgans.australia On Twitter: https://twitter.com/morgansAU #asx #investing #stockpicks #Morgans #BegaCheese #Bega

Dion discusses the Dow hitting 30K, Australian wine tariffs and the Bega Cheese acquisition of Lion Dairy. He also answers a listener question regarding tax considerations for investing in shares. Have a question for the show? Let us know at marketpulsepodcast@gmail.com

Bega Cheese is buying Lion Dairy and Drinks - the owner of Pura Milk, Dare Iced Coffee and Yoplait Yoghurt. Book publishing company Simon & Schuster is being sold to Penguin Random House - resulting in one major book publishing company. The owner of M&M’s and Snickers is buying the owner of Kind bars to jump on the healthy snacks bandwagon. --- Instagram: http://bit.ly/fluxinsta --- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.

Countrywide takes you outside the cities into regional Australia, talking about the food you eat. We look at how it's produced, and what all this means for the Australian economy.

Countrywide takes you outside the cities into regional Australia, talking about the food you eat. We look at how it's produced, and what all this means for the Australian economy.

Tasmanian dairy farmer and Lion supplier Ben Geard says he's happy Bega Cheese will take over Lion Dairy and Drinks , and southern Tasmanian Winery Tolpuddle has been awarded the Trophy for the best White Wine in the world at the International Wine Challenge

Millaa Millaa dairy farmer James Geraghty says while the Bega Cheese purchase of Lion Dairy and Drinks puts it back in Australian hands, it's not a silver bullet for the woes of the struggling industry and Granite Belt Growers Association's Nathan Baronio says he hopes a proposal to downgrade the Health Star Rating of fruit juice is disregarded.

A Thanksgiving dip for the ASX 200 with the index closing down 0.53%. Real estate, gold and communications finished in the green while energy, utilities consumer staples weighed. Our Stock of the Day, Bega Cheese jumped almost 12% after announcing it had completed a $400 million cap raise to acquire the local dairy arm of Japan's Kirin Holdings for $560 million. Meanwhile, Treasury Wines dropped 11% and then entered a trading halt after China announced tariffs on Aussie wines. On today's edition of The Last Call, Kochie and the team talk markets with Tribeca's Jun Bei Liu, Deutsche's Time Baker, Jon Reilly from Implemented Portfolios, Economist Annette Beacher and former Wallaby Al Baxter gives us a preview of the weekend in sport.Our top three VODs are:Three stocks to buy in December and hold into JanuaryPure Minerals is full of ThanksgivingDigging and burning for opportunity See acast.com/privacy for privacy and opt-out information.

Millaa Millaa dairy farmer James Geraghty says while the Bega Cheese purchase of Lion Dairy and Drinks puts it back in Australian hands, it's not a silver bullet for the woes of the struggling industry and Granite Belt Growers Association's Nathan Baronio says he hopes a proposal to downgrade the Health Star Rating of fruit juice is disregarded.

Bega Cheese has acquired Lion Dairy and Drinks for $534 million; agricultural commodities set to have a pretty strong year in 2021 in terms of prices, with crops to benefit the most.

Bega Cheese has acquired Lion Dairy and Drinks for $534 million; agricultural commodities set to have a pretty strong year in 2021 in terms of prices, with crops to benefit the most.

Australian dairy company Bega Cheese has won the long running battle for control of Lion Dairy and Drinks which operates several processing plants in Tasmania, and the result means that for the first time in a long time Lion will have an Australian owner and Bega expects the takeover to be completed by January

Bega Cheese has acquired Lion Dairy and Drinks for $534 million, returning iconic brands like Dairy Farmers, Farmers Union, Pura Milk, Big M and Yoplait to Australian ownership. Bega Cheese Executive Chairman Barry Irvin has told Brooke Corte it's a big deal. See omnystudio.com/listener for privacy information.

The local futures are pricing in that the market could fall 0.9% at the open. Overnight on markets, the undertone was mostly negative, with COVID-19 cases spiking in the U.S., China and Europe. The Dow fell 2.3%, marking its worst fall in 8-weeks. the S&P 500 shed 1.9% and the Nasdaq fell 1.6%.Commodities were weaker. Oil fell over 3% to US$38.55 with Libyan output rising. Gold steadied at US$1,904, as investors topped up their bond exposure instead.What to watch today:·       Boral (ASX:BLD) agrees to sell its 50% stake in USG Boral for A$1.43 billion·       Northern Star (ASX:NST) announced first quarter gold sales are at the top end of guidance.·       Evolution Mining (ASX:EVN) announced quarter results. Pointsbet Holdings (ASX:PBH) is due to hand down theirs today.·       AGMs: Bendigo and Adelaide Bank (ASX:BEN), Nick Scali (ASX:NCK), Bega Cheese (ASX:BGA), Boral (ASX:BLD) & Link Market Services (ASX:LNK).  Trading ideas:·       Bell Potter upgraded Technology One's (ASX:TNE) Buy rating, increasing its price target to $10, implying 14.4% upside in a year.·       Bell Potter downgraded Stanmore Coal (ASX:SMR) as a Sell, dropping its price target to $0.50, implying a fall 31% in a year.·       UBS reiterated Flexigroup (ASX:FXL) as a Buy with a $1.45 price target.·       UBS reiterated Westpac (ASX:WBC) as a Buy with a $20.50 price target. Bell Potter targets WBC as a hold with a $20 target.Perenti Global (ASX:PRN), Arena REIT (ASX:ARF), and IDP Education (ASX:IEL) are all showing bullish charting signals - according to Trading Central. 

Metropolitan Melbourne is now once again in lockdown, but due to the way it's being implemented, farmers on the edge of the Cardinia shire in West Gippsland, are also being locked down again, Dairy processor Bega Cheese will cut 74 jobs from its factories in the Bega Valley and move production to the Strathmerton factory in Victoria, A new world record wheat yield has been set in New Zealand.

Bega Cheese is excited about peanuts being grown in Central Australia. Jackhammers are being used to propagate NT date palms.

Maureen Kyne is a successful and popular facilitator, business motivator and crisis strategist. She is a seasoned investigator of bullying and discrimination who delivers prevention programs around the country to drive behavioural and cultural change.We talk about:Her career journey from nursing to construction to setting her own business.What are some of the behaviours we should be aware of that could impact others in the workplace?What are three challenges facing businesses in the next 10 years? andHow she maintains her own selfcare while helping othersSince 2003, Maureen transformed her extensive corporate career into the hugely successful and widely popular facilitator and business motivator that she is today. Maureen helps team leaders to have success with their teams, to surpass their goals and embrace the concept of a Trust Driven Performance Workplace.Some of the areas covered in her training include confidence, business risk mitigation, bullying and crisis intervention. Maureen has presented hundreds of workshops and delivered numerous presentations for clients including Bega Cheese, Unilever Australasia, Tahbilk Winery, Kyabram District Health, Uniting Care, Macedon Shire Council, Cobram District Health and many more.

We saw the Aussie share market traverse through the week, collecting a 0.7% loss Monday-Thursday. Investors topped up on their bond exposure, pushing the 10-year government bond yield to new lows.We saw blood plasma company, CSL gain 2.4% over the last four days, and also overtake CBA as the biggest company on the market.In this week's wrap, Jessica covers:Agri-businesses welcome boost after rains hit Eastern Australian (0:29)Bega Cheese takes the cake in this week's best and worst (0:53)Defensive sectors hold firm: Telcos push ahead 3% (1:24)Where the market is YTD (1:53)Why a diversified portfolio can cushion market impacts (2:15)

Bega Cheese’s profit has fallen 21% following expensive legal costs from back-to-back court cases against other dairy companies.Shares in Beyond Meat, known for its meat substitutes, dropped 6% last week even though the company keeps signing up fast-food restaurants like Grill'd and Domino's.Clearview AI, a controversial facial recognition startup, has been blocked by Apple and its app has been banned from use.---The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.

Business growth, big retailers and the future. Dave and Ben also chat: iconic brands, innovation and diversification, entering new categories, areas where brands can't go, Picky Picky, younger audiences, agency relationships, consumers, brand conversation, the role of big retailers, Aldi, Coles, Woolworths, disruption, Amazon, competition, culture, understanding business needs, agency relationships, transparency, selling on 'why' not 'what, purpose, changes in five years, crystal ball, Bega in five years, Ben in five years, marketing in five years. MarCast is made possible by Hays marketing and digital. The recruiting experts in marketing and digital roles across Australia, for a wide range of industries and job functions. For the latest insights on what it takes to be a marketing director, download Hays' 'DNA of a Marketing Director' report.

In Episode 14, “The Culture of Innovation and Embracing Change”, Blenheim Partners’ Gregory Robinson is delighted to talk to Barry Irvin AM, Executive Chairman of Bega Cheese Limited.Barry’s story is inspiring. To say Barry has faced challenges is an understatement. In this very personal and illuminating discussion, Barry shares with us the human side of an ASX Chairman and how culture and innovation come from all parts of life and are not what is necessarily found in the business textbook or hung as the company mantra on the office walls.Through curiosity, hard work and as a result of difficult personal circumstances he found himself getting better acquainted with the Bega dairy Co-Op and soon realised it may be the avenue for his business career. Within a short period of time Barry became Chairman of Bega Cheese, and through his outstanding leadership has taken an organisation in very difficult circumstances, through a transformational journey that has seen it cemented as a powerhouse in the dairy industry where it holds 15% of the Australian retail cheese market exported to over 40 countries.Barry shares insights into his first day as leader of Bega Cheese and his first strategy meeting knowing that the competitors were circling saying “the competitive advantage we have is that we have no competitive advantage. Everybody will underestimate us. We will be on everybody's list to disappear”. Barry’s passion and willingness to take calculated risk comes through as does his ability to share his dream with competitors and question the status quo.In 2017 Bega announced a $460 million deal with Mondelez International to acquire most of their grocery and cheese business in Australia and New Zealand which included the iconic Australian product Vegemite as well as the license to manufacture Kraft branded cheese and peanut butter. These acquisitions add over $310 million in annual revenue and has moved Bega Cheese from a dairy-based company to a diversified consumer goods company.Today Barry is a central figure in the Australian Dairy and consumer goods industry and is not sitting back but wants to take on the global markets with Australian ingenuity and smarts.Barry has also played a key role in the development of Giant Steps, the charity that seeks to provide support to families, to improve understanding of autism in the wider community and to develop best practice among carers and professionals.

FMCG marketing and iconic Australian brands. Dave and Ben also chat: marketing team structure, hiring from outside FMCG, marketing talent, company culture, new market opportunities, research and insights, dairy farming, the Bega community, Vegemite acquisition, 100 year-old brands and new consumers, six questions in 60 seconds, brands getting it right, brands getting it wrong, what would you do differently? Marketing mentors, marketing in a few words. MarCast is made possible by Hays marketing and digital. The recruiting experts in marketing and digital roles across Australia, for a wide range of industries and job functions. For the latest insights on what it takes to be a marketing director, download Hays' 'DNA of a Marketing Director' report.

Three blokes tackling the big issues one week at a time - credit to the boys. Inside we discuss getting it on the boot, rocket science and Bega Cheese in some hard-hitting segments refined over years of laborious trial and error. So sit back and ask yourself; Is the AM bandwidth REALLY dead?   

Arete Executive Podcast hosted by Managing Partner Richard Triggs. Interview with Aidan Coleman, CEO, Bega Cheese. Richard Triggs LinkedIn: https://au.linkedin.com/in/richardtriggs Mark Brooke LinkedIn: https://www.linkedin.com/in/aidan-coleman-56062830 Arete Executive website: www.areteexecutive.com.au Bega Cheese website: www.begacheese.com.au Richard's book on Amazon: http://www.amazon.com.au/Uncover-Hidden-Job-Market-Executive-ebook/dp/B00WCQ5U46/ref=sr_1_1?ie=UTF8&qid=1445566942&sr=8-1&keywords=uncover+the+hidden+job+market LinkedIn CEO Incubator Group: https://www.linkedin.com/grps/CEO-Incubator-6948255/about? Theme music by Simon Gardner "Sunny" from the album "Choose Your Own Adventure": http://simongardnerguitarist.com