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.
Voluntary work beckons for David Gawne after deciding to retire as a paramedic.
UPDATE: NSW Police have confirmed the body of a Warrnambool woman, 61, who went missing in the Murray River yesterday has been found.
Sixty years ago, March 5, 1954, was a red-letter day for Tatura, when Her Majesty Queen Elizabeth II, the first reigning monarch to visit, came to town.
Echuca and Kyabram Fire Brigade will play in today's Goulburn Murray Cricket preliminary final.
Ritchie Aschenbrenner is exhibiting six years worth of paintings, covering a range of styles.
Kyabram's 69th annual rodeo takes place this Friday.
What was expected to be a long wait was anything but as young Seymour man gets heart transplant.
NSW signs historic Murray-Darling Basin Plan agreement.
The History of Tooborac group will be keen for gather more information about its photo collection when the publlic comes to look through its archives.
Three Cobram firefighters have returned safe from the toxic Morwell mine fire in Gippsland.
Gun Rams forward Ash Morris has signed with South Bendigo for the 2014 season and one day hopes to play VFL
Some VIP exotic animals spent the night at Shepparton Regional Saleyards on Wednesday night.
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.