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.
Rich River's Ben Docking capitalised on local knowledge to take out the Goulburn Valley District Golf champion of champions event at his home course.
The 2014 Yarrawonga Mulwala Multisport Festival has been hailed a huge success by organisers and participants alike.
The fifth annual King Billy Retreat Open Garden Party will be held at Rushworth on Saturday and Sunday, October 25-26, from 10 am to 4 pm.
Timbercutter Doug Rosenow is hoping people will listen before it is too late.
Goulburn-Murray Water has been filling in the decommissioned irrigation channel by the Northern Hwy, just out of Rochester.
Fraser sure has aces in spades
It was a triumphant homecoming for God's Own gelding.
Finley's Mark Whiley has been traded from the GWS Giants to Carlton - the club he has supported all his life.
Fiona Bradshaw and the Planet X team have raised more than $5000.
2013/14 Annual Report received this week finds overall finances are ‘‘fair and improving’’ at Moira Shire Council.
Deniliquin McDonald's raised more than $1300 for McHappy Day on Saturday.
A Tongala dairy farm with three robotic milkers sold at auction for $1.4 million last week.
Member for Benalla Bill Sykes delivers his valedictory speech to the State parliament: I love youse all.
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.