In October, John Pearce,[2] Thomas Mitchell,[3] Alex McCallum and others floated the "South Australian Farmers' (later Co-operative) Union Ltd" with a paid-up capital of under £300, ninety-four shareholders, John Pearce as managing director, Thomas Mitchell and Alex McCallum directors, and George Lake[4] as secretary.
A merchandise store was established at Port Adelaide, and business was diversified to include dealing in wheat-sacks, machinery and superphosphate.
[3] Dairying was for many years a thriving business with the South Australian Farmers' Union opening a factory in Stansbury in 1923.
[6] Irrigation settlements were established along the lower Murray River in the early 1900s, and a dairy industry developed.
[11] Bega Cheese announced on 26 November 2020 that it had agreed terms to purchase Lion Dairy & Drinks for $534 million.