MG's $5.20 price rethink below rising global trend

Andrew Marshall
Updated June 28 2017 - 6:33am, first published 6:30am
While Murray Goulburn has lifted its opening southern Australian price to $5.20 a kilogram (milk solids) Rabobank is predicting the “partial recovery” in world milk values will be worth at least $5.40/kg for farmers in 2017-18.
While Murray Goulburn has lifted its opening southern Australian price to $5.20 a kilogram (milk solids) Rabobank is predicting the “partial recovery” in world milk values will be worth at least $5.40/kg for farmers in 2017-18.

Recovering global dairy markets are unlikely to be as bullish as the industry is hoping for, but Rabobank says southern Australian prices could be worth up to $5.80 a kilogram for milk solids (MS) in 2017-18.

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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