Earnings slump adds to MG worries

An unusually wet spring, plus low farmgate milk prices and a rush of suppliers quitting its ranks have hit Murray Goulburn co-operative.
An unusually wet spring, plus low farmgate milk prices and a rush of suppliers quitting its ranks have hit Murray Goulburn co-operative.
MURRAY Goulburn’s $300 million Koroit expansion is in doubt.
18 Oct 16 MURRAY Goulburn’s $300 million Koroit expansion is in doubt.
Dairy analysts have agreed while commodity prices have staged a significant recovery, low farm gate prices would continue to squeeze margins.
13 Oct 16 Dairy analysts have agreed while commodity prices have staged a significant recovery, low farm gate prices would continue to squeeze margins.
Murray Goulburn (MG) has quashed suggestions it intended selling its Leitchville plant.
11 Oct 16 Murray Goulburn (MG) has quashed suggestions it intended selling its Leitchville plant.
The recovery in global dairy markets has begun and should continue into next year, after production growth has been curtailed across the major export regions, according to Rabobank’s latest Dairy Quarterly report.
07 Oct 16 The recovery in global dairy markets has begun and should continue into next year, after production growth has been curtailed across the major export regions, according to Rabobank’s...
Dairy industry stakeholders have agreed to a voluntary code of conduct, which the president of the state’s peak farmer body said he hoped would result in greater transparency.
07 Oct 16 Dairy industry stakeholders have agreed to a voluntary code of conduct, which the president of the state’s peak farmer body said he hoped would result in greater transparency.
Murray Goulburn (MG) has announced it was considering other locations for its planned Koroit nutritionals plant.
05 Oct 16 Murray Goulburn (MG) has announced it was considering other locations for its planned Koroit nutritionals plant.
Dairy processor Fonterra has halved its loan repayment to one cent a kg/ms.
04 Oct 16 Dairy processor Fonterra has halved its loan repayment to one cent a kg/ms.
Victorian dairy analyst Dr John Hauser, of Xcheque, says large milk processing co-operatives, such as Murray Goulburn (MG) need stringent cost control, to successfully apply value adding strategies to their products.
04 Oct 16 Victorian dairy analyst Dr John Hauser, of Xcheque, says large milk processing co-operatives, such as Murray Goulburn (MG) need stringent cost control, to successfully apply value adding...
GLOBAL dairy prices are finally starting to show some upward movement, and that has flowed quickly through to farmgate prices in south eastern Australia.
04 Oct 16 GLOBAL dairy prices are finally starting to show some upward movement, and that has flowed quickly through to farmgate prices in south eastern Australia.
An empty building and cheese of all sorts form the bones of a success story that has swept the small town of Coolamon.
04 Oct 16 An empty building and cheese of all sorts form the bones of a success story that has swept the small town of Coolamon.
The heads of Australia’s state dairy organisations have met with processors, to discuss ways of improving contractual arrangements between farmers and companies.
30 Sep 16 The heads of Australia’s state dairy organisations have met with processors, to discuss ways of improving contractual arrangements between farmers and companies.
Modelling confirms the revamped backpacker tax puts Australia on a competitive footing with New Zealand, the United Kingdom and Canada, Treasurer Scott Morrison said on Wednesday as he launched a spirited defence of the new measures amid complaints from tourism that it was subsidising agriculture.
28 Sep 16 Modelling confirms the revamped backpacker tax puts Australia on a competitive footing with New Zealand, the United Kingdom and Canada, Treasurer Scott Morrison said on Wednesday as he...
Recent Victorian news articles have contained assertions that if left unchecked would misrepresent that state of the domestic milk industry.
28 Sep 16 Recent Victorian news articles have contained assertions that if left unchecked would misrepresent that state of the domestic milk industry.
MARKETING of WAFarmers First fresh milk in Dalian, China, has a tick of approval from WAFarmers president Tony York.
26 Sep 16 MARKETING of WAFarmers First fresh milk in Dalian, China, has a tick of approval from WAFarmers president Tony York.
The annual Victorian Dairy Farm Monitor Report has shown the full extent of the “perfect storm” which hit producers last financial year.
23 Sep 16 The annual Victorian Dairy Farm Monitor Report has shown the full extent of the “perfect storm” which hit producers last financial year.
Victorian dairy farmers have welcomed a further $3million funding for the Cattle Underpass Scheme (CUPS).
23 Sep 16 Victorian dairy farmers have welcomed a further $3million funding for the Cattle Underpass Scheme (CUPS).
Western Victorian dairy farmers suppliers have reacted angrily to Fonterra’s annual results, showing a net profit of NZ $834 million.
23 Sep 16 Western Victorian dairy farmers suppliers have reacted angrily to Fonterra’s annual results, showing a net profit of NZ $834 million.
Murray Goulburn’s (MG) interim chief executive David Mallinson has defended the company’s conservative approach to its forecast full year milk price, of $4.88 kg/ms.
23 Sep 16 Murray Goulburn’s (MG) interim chief executive David Mallinson has defended the company’s conservative approach to its forecast full year milk price, of $4.88 kg/ms.
The Burrumbuttock Hay Runners are turning their attention to Victoria’s struggling dairy farmers.
23 Sep 16 The Burrumbuttock Hay Runners are turning their attention to Victoria’s struggling dairy farmers.
Murray Goulburn’s (MG) interim chief executive David Mallinson has defended the company’s conservative approach to its forecast full year milk price, of $4.88 a kilogram milk solids.
15 Sep 16 Murray Goulburn’s (MG) interim chief executive David Mallinson has defended the company’s conservative approach to its forecast full year milk price, of $4.88 a kilogram milk solids.
There’s been a sceptical reaction to Coles Farmer’s Fund milk, although dairy producers said the grants would be welcome.
15 Sep 16 There’s been a sceptical reaction to Coles Farmer’s Fund milk, although dairy producers said the grants would be welcome.
THE slump in international dairy markets has forced Camperdown Dairy International (CDI) to put on hold its plans to build a milk powder plant in the former Bonlac milk factory at Camperdown.
14 Sep 16 THE slump in international dairy markets has forced Camperdown Dairy International (CDI) to put on hold its plans to build a milk powder plant in the former Bonlac milk factory at...
Murray Goulburn (MG) has announced a 15 cents a per kilogram milk solids step up to its farm gate milk price.
13 Sep 16 Murray Goulburn (MG) has announced a 15 cents a per kilogram milk solids step up to its farm gate milk price.
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A new definition of 'genetically modified' currently awaiting parliamentary approval could see a swathe of new grasses on the market within three years.
13 Nov 18 A new definition of "genetically modified" currently awaiting parliamentary approval could see a swathe of new...
A person normally breathes about 25,000 times a day, with the lungs taking in oxygen from the air and delivering it to the bloodstream.02 Nov 18 A person normally breathes about 25,000 times a day, with the lungs taking in oxygen from the air and delivering it...
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Olivia - what you fail to consider is that animals fed the crops you speak of aren't evolved to
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If that’s what they think the milk volume drop will be they are in for one hell of a shock. 200
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A well planned vegan diet is certainly not nutrient deficient. But aside from that, the entire
Amidst rising farm costs, Dairy Australia has developed a range of energy information resources to assist farmers to make smarter use of energy to reduce power bills.
13 Nov 18 Amidst rising farm costs, Dairy Australia has developed a range of energy information resources to assist farmers to...
Accurate and up-to-date paperwork is crucial for all dairy farmers. But as a farm manager, Allen Hook says the ability to keep precise records is what keeps him in a job.12 Nov 18 Accurate and up-to-date paperwork is crucial for all dairy farmers. But as a farm manager, Allen Hook says the...
Monopoly market may confront cropping sector under mega-merger proposal.22 Sep 16 Monopoly market may confront cropping sector under mega-merger proposal.
Australian farm chemical manufacturer Nufarm has repaired its balance sheet and is now hunting for acquisition opportunities.25 Sep 16 Australian farm chemical manufacturer Nufarm has repaired its balance sheet and is now hunting for acquisition...