Burra CEO Grant Crothers said the opening price range of $4.40 - $4.60 kg/MS for FY17 was a reflection of current market returns with some headspace for step ups should market conditions not deteriorate.
Fonterra has announced a senior leadership team and business unit structure that will enable the Co-operative to continue to deliver maximum value creation and strong performance.
Those having an interest in serving as a Director of Dairy Australia can nominate themselves as candidates to stand for election at Dairy Australia’s Annual General Meeting to be held on Friday 25 November 2016.
Producers in northern NSW, Queensland and Western Australia are on high alert for flow on impacts of the late season farmgate price cuts in southern Australia, despite more stable operating conditions and farmer sentiment.
The short to medium term future looks particularly tough for farmers in the southern export-focused states of Victoria, Tasmania and South Australia, according to analysis by Dairy Australia.
THE United Dairyfarmers of Victoria has called on the Federal and State Governments to get on with the job of delivering $30 million in Dairy Recovery Concessional Loans.
Fonterra has received the Government’s discussion document on options to amend the Dairy Industry Restructuring Act 2001 and associated Raw Milk Regulations.
Fonterra has announced an opening forecast Farmgate Milk Price of $4.25 per kgMS for the 2016/17 season, an increase of 35 cents on the forecast for the current season.
Warrnambool Cheese and Butter has announced a net operating profit after tax of $4.2 million for the year ended 31 March 2016, a decrease of $30.1 million or 87.8% compared with the 9 months ended 31 March 2015.