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.
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 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.
Since the beginning of the 'Milk Wars' in 2011, aggressively priced private label milk has been a feature of the battle for market share between Coles and Woolworths.
12 Sep 16 Since the beginning of the 'Milk Wars' in 2011, aggressively priced private label milk has been a feature of the battle for market share between Coles and Woolworths.
Fortunes appear to be turning for dairy farmers as global dairy prices rose for the third consecutive auction overnight.
07 Sep 16 Fortunes appear to be turning for dairy farmers as global dairy prices rose for the third consecutive auction overnight.
Back in 2012, Steve Spencer's excellent report for the Australian Dairy Conference* pointed out that only a co-operative is motivated to provide suppliers with more than the minimum price needed to ensure supply, and therefore provide an industry benchmark price.
06 Sep 16 Back in 2012, Steve Spencer's excellent report for the Australian Dairy Conference* pointed out that only a co-operative is motivated to provide suppliers with more than the minimum...
Murray Goulburn chairman Philip Tracy has flagged the co-operative was “actively reviewing” its contentious Milk Supply Support Package (MSSP).
05 Sep 16 Murray Goulburn chairman Philip Tracy has flagged the co-operative was “actively reviewing” its contentious Milk Supply Support Package (MSSP).
COLES is expected to announce the release of its long-awaited milk brand product this week aimed at supporting embattled dairy farmers with a $1 million cash cow.
05 Sep 16 COLES is expected to announce the release of its long-awaited milk brand product this week aimed at supporting embattled dairy farmers with a $1 million cash cow.
The group behind Buy a Bale has switched its attention to the country’s struggling dairy farmers.
02 Sep 16 The group behind Buy a Bale has switched its attention to the country’s struggling dairy farmers.
Results of the Murray Goulburn board supplier director elections have been announced.
01 Sep 16 Results of the Murray Goulburn board supplier director elections have been announced.
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Australian dairyfarmers are missing out on the opportunity for more profit by not better managing their home-grown feedbase, according to Gardiner Dairy Foundation chair Dr Bruce Kefford.
1:03 PM Australian dairyfarmers are missing out on the opportunity for more profit by not better managing their home-grown...
Rick Blackshaw was rightly proud of his oats crop, as he let his dairy herd into the paddock for their first grazing at the end of April last year. 
27 Feb 17 Rick Blackshaw was rightly proud of his oats crop, as he let his dairy herd into the paddock for their first grazing...
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Hi Mike What a ignorant example of multinational company,s point of view. Which company do you
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Our company, ABM Metal Detectors P/L is currently looking into designing a new type of metal
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"Aldi brags on its website that the majority of its brands are sourced from Australian
A New Zealand dairy farm and a milking contractor have been fined $29,000 each for letting dairy effluent accumulate on a paddock, which risked contaminating groundwater.
14 Mar 17 A New Zealand dairy farm and a milking contractor have been fined $29,000 each for letting dairy effluent accumulate...
DAIRYING in the subtropics at Dobies Bight, NSW, Wayne and Paul Clarke know too well the importance of keeping cows comfortable in hot and humid weather.

06 Jan 17 DAIRYING in the subtropics at Dobies Bight, NSW, Wayne and Paul Clarke know too well the importance of keeping cows...
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...