Fonterra Australia has announced a step-up of 8¢/kg of butterfat and 20¢/kg of protein for the 2013-14 season for suppliers in Victoria and Tasmania, bringing its current, average farm gate price to $6.80/kg of milk solids (kg/MS).May 27, 2014 3:30am
Fonterra Australia has announced a step-up of 8¢/kg of butterfat and 20¢/kg of protein for the 2013-14 season for suppliers in Victoria and Tasmania, bringing its current, average farm gate price to $6.80/kg of milk solids (kg/MS).
The step-up is Fonterra Australia’s sixth step-up for the current season and brings the company’s current, average farm gate milk price into the lower end of its forecast average closing price range for the 2013-14 season of $6.80-$7
Managing director Judith Swales said the step-up continued the company’s price leadership for the season.
‘‘While commodity prices are coming off record highs due to increased global production, international demand is still strong and prices are above long-term averages,’’ Ms Swales said.
‘‘We remain focused on meeting our international and domestic customers’ demand in full and on time. How we execute against this will be the basis of any further announcements this season.’’
Ms Swales said in the next few weeks Fonterra would be launching more initiatives for suppliers and farmers.
Bonlac Supply Company chairman Tony Marwood said Fonterra Australia was not only leading the industry with services like SupportCrew, but also keeping up its leadership on price.
Assaults and burglaries are the main driver behind a 15.8 per cent increase in crime across Greater Shepparton in the past year, new police statistics show.
The under 16 Pigeons kick started the YFNC's finals campaign with a resounding victory over the Paul Spargo led Scots College in the Grand Final of the AWJFL Elwyn Langford Shield at the Albury Sports Ground on Sunday.
Greater Shepparton City Council was successful in securing the National Cutting Horse Association Victorian Futurity Cutting Horse Championships for 2014 and 2015, with this year’s event scheduled from September 10-14 at Tatura Park.
Mathoura's battle to keep the grand final is unlikely to be decided today.
Julie Sands and Sheridan Clark have been kept busy, visiting Rochester recently yo dispense free coats to residents.
Book Week gets colourful turnout.
Football high-flyer Travis Auld gave a fascinating insight into AFL at one of his old haunts on Saturday night.
Jerilderie Shire deputy mayor Ruth McRae handed the key over for the new Rural Fire Service station last Friday.
Primary schools celebrated Book Week last week.
As Victorian election approaches Member for Murray Valley Tim McCurdy fires opening salvos against opponents so far.
Public interest to determine Deniliquin Town Hall refurbishment.
Milk co-operative, Murray Goulburn has posted a record financial result, recording an after tax profit of $29 million.
Ms Malcolm says many people would rather the seat of Euroa was a marginal seat so it would attract more attention and funding.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.