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.
A multimillion-dollar redevelopment of one of Shepparton’s central business districts has resulted in an influx of new customers and increased trade.
More than 2200 people have signed up to show their support for a campaign to have the green route chosen for the new Yarrawonga Mulwala bridge.
Members of Murchison Book Club are hosting a literary lunch with Vivien Achia, author of Marrying Italian — When Love is Not Enough.
Echuca United and Moama will play for the 3Jacks trophy at Echuca South Oval today.
Painter Ben Winspear and Scott Wileman will create new works as the public look on during the at Rochester Art Exhibition.
Kyabram Bombers have the chance to beat Rochester under light for the first time this Friday evening.
Lions star recruit had a tough introduction to the GVFL.
Tocumwal's Don Elgin is aiming to compete at the 2014 Commonwealth Games in Scotland
Heathcote's Union Hotel is continuing its record of fundraising for the Royal Children's Hospital.
Cobram skate park hosts skateboarding and music for youth week.
Senior state minister Adrian Piccoli reaquainted himself with Deniliquin yesterday, leaving Deniliquin Counil hopeful it has an ally in him.
With his blue eyes and snow-coloured coat, Nanneella horse Sinatra has looks worthy of a fairytale.
Fourteen-year-old Benalla girl Jaimee Linke will launch her debut novel next month.
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.