A loyalty payment and price rise is on the way for suppliers of Tatura Milk.November 6, 2012 4:04am
Tatura Milk has announced a loyalty payment and price increase of 16¢/kg fat and 40¢/kg protein for its suppliers.
Tatura chairman Barry Irvin has told suppliers there have been improvements in international markets in combination with improved business performance at Tatura Milk and parent company Bega Cheese.
‘‘The international market place has firmed largely as a result of the tightening of supply from Northern Hemisphere dairy exporting countries,’’ Mr Irvin said.
‘‘While we have seen improvement in the market it has not been entirely consistent or across the full range of dairy products and we are therefore cautious in our view of the likely outcomes for the remainder of the year.’’
The loyalty payment will be paid on milk supplied from July 1, 2012 to October 31, 2012 and the price increase will apply to all Premium and Choice milk supplied from the start of November.
The price rise should take the average price to about $4.75
Mr Irvin said the board was aware of the impact of the decrease in farm gate returns and the consequential cash flow effect of opening prices for the 2012-13 year.
He said opening prices reflected the significant volatility and decline in international dairy commodity pricing.
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Beautiful weather greeted Tungamah residents for the 18th running of the Tungamah Lions Ten Thousand on Sunday.
When Keith and Marion Grumley and their growing family moved to Tatura on January 18, 1968, little did they know that it would be the start of a long and lasting connection to the town.
A snake was spotted this afternoon.
Rochester Rotary Club has celebrated its 50th birthday in style.
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District residents and visitors will be able to enjoy some of the region’s most beautiful private gardens on Sunday.
The 116th annual Cobram Show went off with a bang at the weekend, drawing in crowds from far and wide for two days of fun.
Tomorrow is a Total Fire Ban day in Deniliquin, meaning no fires can be lit in the open and all fire permits are suspended.
Fifty new full-time jobs will be created at Tatura with a multimillion-dollar expansion of the abattoirs expected to be announced today.
Remembering Australian political giant Gough Whitlam who once called on Benalla police to stop then Treasurer Frank Crean on his journey up the Hume to phone the PM.
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