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.
Shepparton girl Estelle O'Keeffe moving to Los Angeles after being accepted into American Musical and Dramatic Academy.
The Yarrawonga Mulwala Cricket Club A Grade team lost its semi-final clash against Bruck on the weekend, bringing to an end their 2014-2015 season.
On March 5, Member for Northern Victoria Wendy Lovell visited the Tatura Guides, to speak about leadership and also of her experiences when she was a Guide.
District football clubs are adamant their players are not using ice before games to enhance their on-field performances.
The 28th Fleche Opperman 24-hour team time-trial finished in Rochester last Sunday as exhausted cyclists rolled into town shortly after sunrise.
Two teams, two premierships for Kyabram
A new project developed by Mitchell Shire Youth Council members.
The 2015 Emirates Melbourne Cup will feature at the first ever Finley Autumn Cup in Berrigan on Saturday.
Heathcote Primary School students are asking the community to show their support for student efforts to stamp out bullying.
A group of Cobram Secondary College will travel to Borneo later this year to participate in the World Challenge.
Three Deniliquin players have been named in the Murray Valley Cricket Association’s Team of the Year.
The biannual Poll Dorset Conference at Moama last week heard breed associations worldwide are being challenged to innovate and remain relevant to their members and customers.
Benalla GP Paul Kelly receives an award in recognition of his 37 years as a doctor in rural Victoria.
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.