An unusually wet spring, plus low farmgate milk prices and a rush of suppliers quitting its ranks have hit Murray Goulburn co-operative.
THE RALLY in global dairy prices is expected to be sustained into 2017 courtesy of falling worldwide production, with Europe finally coming to the party.
GLOBAL dairy prices are finally starting to show some upward movement and it is flowing through to the farmgate.
An empty building and cheese of all sorts form the bones of a success story that has swept the small town of Coolamon.
Hot on the heels of announcing the sale of its Riverina Fresh milk plant at Wagga Wagga, Fonterra Australia is to spend $4.3 million boosting cheese and whey production at its Wynyard factory in Tasmania.
Prices for Australia's biggest agricultural export, wheat, are likely to remain depressed for another 12 months, according to Rabobank.
The Victorian Farmers’ Fund milk deal between supermarket retailer Coles, processor Murray Goulburn and a “reluctant” peak state farmers’ body is a worry.
A legal stoush between Japanese beverage giant Lion Group and ASX-listed The a2 Milk Company has taken a fresh twist with an explosive cross claim alleging a2 engaged in deceptive and misleading conduct.
Fonterra Australia is selling its 94-year-old southern NSW processing business at Wagga Wagga to the newly-formed investment outfit, Blue River Group.