The “rising tide of milk” has seen sentiment in the global dairy industry begin to wane, as growth in exportable surpluses across key milk-producing regions gains momentum, according to Rabobank’s latest Dairy Quarterly report.
Large scale Dairy Farmers Stewart and Nita McRae of Denison in East Gippsland recently staged the ‘Harvest at Gallrae’ sale featuring very high BPI Holsteins.
Fonterra Co-operative Group Limited reduced its forecast Farmgate Milk Price for the 2017/18 season from $6.75 to $6.40 per kgMS, and updated the market on its financial results for the first three months of the 2018 financial year.
Holstein Breeders from all over the State along with NSW were at the Shepparton Selling Centre for the recent Eclipse Summer Sensation 111 Sale of Breeder Richard Hull.
A mandatory code of conduct should be considered for the Australian dairy industry to address problems caused by bargaining power imbalances between processors and farmers, according to recommendations made by the ACCC in its interim report from its inquiry into the industry.
Team nominations for the International Dairy Week Holstein Australia Youth Challenge need to be received by Holstein Australia before close of business on Friday 15 December 2017.