Dairy

Fonterra announces revised farm gate milk price

Fonterra Australia has advised suppliers it has increased its average farmgate milk price to $5.10 per kilogram of milk solids, and increased its forecast closing price for the season to $5.20 per kilogram of milk solids.

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Wet conditions impact on milk intake for Murray Goulburn

Murray Goulburn has announced a revised forecast Full Year 2016/17 Actual Weighted Average Southern Milk Region Farmgate Milk Price of $4.70 per kilogram of milk solids (kgms) from $4.88 (kgms) with the forecast remaining subject to seasonal conditions, commodity prices and foreign exchange not deteriorating

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