Murray Goulburn co-operative has bowed to intense market pressure from rival dairy companies and upgraded its farmgate milk price
Bega Cheese is promising to pay almost $1 a kilogram more than the farmgate payment offer announced by Murray Goulburn
After a lean year for milk production and cash flow the broader milk sector is enjoying some major inputs cost cuts and the likelihood of some lift in farmgate payments
Rival milk processors are looking to raise their farmgate prices and exact further pain on the besieged Murray Goulburn co-operative
Murray Goulburn co-operative is offering southern region suppliers a restrained opening price of $4.70 a kilogram of milk solids for the new season
A statutory $6/head live export levy for dairy cattle is likely to be implemented following consultation with industry.
Dairying touches the lives of a billion people around the world, with 121 million farms supporting a long tradition of milk production.