mmg.com.au

Covering the Goulburn and Murray valleys

Fonterra delivers milk step-up

Fonterra Australia has announced a step-up of 8 cents per kg of butterfat and 20 cents per kg of protein for the 2013/14 season for suppliers in Victoria and Tasmania, bringing its current, average farmgate price to $6.80 per kilogram of milk solids (kg/MS).

May 20, 2014 3:00pm

Fonterra Australia has announced a step-up of 8 cents per kg of butterfat and 20 cents per kg of protein for the 2013/14 season for suppliers in Victoria and Tasmania, bringing its current, average farmgate price to $6.80 per kilogram of milk solids (kg/MS).

The step up is Fonterra Australia’s sixth step up for the current season and brings the companys current, average farmgate milk price into the lower end of its forecast, average closing price range for the 2013/14 season of $6.80-$7.00 kg/MS.

Judith Swales, Managing Director, Fonterra Australia, said the step up continues the company’s price leadership for the season.

‘‘We are pleased to deliver these market returns back to our suppliers as soon as they are realised through our global and domestic sales.’’

comments powered by Disqus
Shepparton logo
shepp mags

The News magazines are online - read high quality magazines in your time. Check in regularly for the latest editions.

Echuca mag

Riverine Herald's well regarded locally produced magazines. They're now online, so you can read them whenever and wherever you like.

1203221.jpg

Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.

classies

Place an advertisement in any one of McPherson Media Group's local newspapers.