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.
BREAKING: Emergency services are attending a crash on Shepparton-Barmah Rd.
Yarrawonga’s Bre Elliott played the most “consistent golf of her life” over three days to win the Fuccillo Kia Championship at Capital Hills by carding a 2-under 69 on the final day.
Heather Donaldson was re-elected president of Tatura Hospital Ladies Auxiliary at the annual general meeting on Thursday, which was attended by 33 people.
Detectives from the Sexual Crimes Squad have taken over the investigation into a female jogger who went missing in the One Tree Hill area on Wednesday.
THE 2015 National Blood Donor Week festivities will make the Rochester region Victoria’s new red light district.
Community workshop to consider issues to help form Campaspe digital strategy
Heather Stamp brings a long experience of the Salvation Army to Seymour.
Berrigan Shire Council have approved a development application for six more independent living units to add to Berrigan’s Amaroo Self Care Unit block.
THEY may be a familiar sight across the Heathcote district, but some of the much-loved birds in the region are in decline.
It was a field of emerald at the Soroptimist International of Cobram Barooga’s annual lunch on Friday, where diners enjoyed the craic at the Irish-themed event.
Deniliquin and district boasted two major winners at the Australian Sheep and Wool Expo at Bendigo from July 17 to 19.
Riverine Plains is set to hold the first in its series of farm walks for the 2015 season as part of its research into stubble retained cropping systems.
The News magazines are online - read the high quality magazines in your time. Check in regularly for latest editions.
Riverine Herald's well regarded locally produced magazines. They're now online, so you can read them whenever and wherever you like.
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.