MG banks all on $1.1b Saputo deal green light after losing another $27.5m

Andrew Marshall
Updated February 7 2018 - 12:59pm, first published 11:30am
Murray Goulburn managing director, Ari Mervis, said attributed the inability to pay competitive milk prices in the past two seasons to MG's 30 per cent slump in its milk intake.
Murray Goulburn managing director, Ari Mervis, said attributed the inability to pay competitive milk prices in the past two seasons to MG's 30 per cent slump in its milk intake.

The debt-heavy Murray Goulburn co-operative is making more money as dairy markets improve, but continues to struggle to source enough milk to help its ailing financial position.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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