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.
Shepparton’s Declo Bisimwa firmly believes education is the key to a better life.
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.
Garners Boxing Gym in Echuca is encouraging young people to get active with weekly boxing/cardio classes.
Rochester Rotary Club has celebrated its 50th birthday in style.
Sorting future of Campaspe pools
A theatre production with a difference is coming to Seymour.
Local athletes will go head-to-head with some of the best competitors from around the world in swimming and athletics in December.
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.
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.