Murray Goulburn has lifted this season’s price to about $6.81/kg/milk solids. In its sixth step-up for the year, the company said it was lifting its price by 0.9¢/kg butterfat and 0.19¢/kg/protein.June 10, 2014 3:15am
Murray Goulburn has lifted this season’s price to about $6.81/kg/milk solids.
In its sixth step-up for the year, the company said it was lifting its price by 0.9¢/kg butterfat and 0.19¢/kg/protein.
Managing director Gary Helou said external factors including fluctuating international commodity prices and currency movements would continue to be key factors in determining the final price.
‘‘This step-up will deliver an additional $31
‘‘When this is combined with the five previously advised step-ups, MG has added $247
‘‘The continued focus on improving performance through reducing costs and investing to support innovation and value growth contributed to this step-up.’’
He said market demand for key dairy ingredients remained strong, but increased milk supply from New Zealand, Europe and the United States had led to recent declines in prices.
‘‘Nevertheless dairy ingredients prices remain above historical average levels. The Australian dollar continues to be stubbornly higher than we expect it to be and remains a source of risk to next year’s farmgate milk prices,’’ Mr Helou said.
Meanwhile, the Australian Dairy Farmers Co-operative has announced an opening milk price of $6.53 for suppliers to its Bulla Foods contract near Colac.
The price comes with a commitment to increase, if Murray Goulburn hits the $6.53 figure.
Chairman Scott Sieben said they had already found sufficient suppliers for the new 120
For the five suppliers for the ProCal contract in northern Victoria, the co-operative expects to announce an opening price within the next two weeks.
Little butterflies, and marvellous munchkins will flutter to the stage at Shepparton’s Eastbank Centre tonight and tomorrow for the Goulburn Valley Academy of Ballet concert.
The Yarrawonga Mulwala Cricket Club has hosted the first ever ACA Masters contest at the Stan Hargreaves Oval in Yarrawonga.
There was a good turnout for Wednesday’s Remembrance Day service in Tatura, which saw a number of wreaths laid at the War Memorial, and the presentation to Brad Corken, of the Tatura RSL Spirit Award 2015, by president Robert Mathieson.
THE Echuca and District Netball Association, reigning 17 and Under regional state league champions, will be required to adapt to a new age category for next year’s competition.
A GROUP of Rochester Secondary College students visited Bendigo last week to donate blood for the first time.
Bowls Club hosts 49th Victorian Country Masters Pairs
The Oriential Weatherloach has infested the Goulburn River.
The largest ever Strawberry Fields crowd turned out to enjoy the event on the Murray River at Tocumwal at the weekend.
AFTER the hottest October in Victoria since records began in the 1850s, it will come as little surprise that rainfall across the district was unusually low.
No, it won’t be Rudolph the red-nosed reindeer creating the Christmas lighting in Cobram this year, it will be Cobram couple, Ron and Kath Renfrew,
‘Peppinella’ development bigger than first planned
Watch and Act issued for Corowa and Wahgunyah near Rutherglen, urging people to leave now as conditions may worsen.
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