Murray Goulburn announced on 6 June in a statement to the ASX that it would pay just $4.70 kg/MS for its milk at the beginning of the 2018 financial year.
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New milk powder factory set to open in SA
The Union Dairy Company has confirmed it expects to begin production at its new South Australian milk powder plant in July.
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Dairy farmers not happy with Fonterra price plan
Victorian dairy farmers say Fonterra’s plan to only recompense suppliers who have continued to supply the dairy processor since last year’s farmgate price crisis could breach the incoming code of conduct.
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MG’s dairy farmer backflip may affect Fonterra
Murray Goulburn's decision to not pursue $183 million in “overpayments” arising from last year's farmgate milk price crisis could have ramifications for its main competitor Fonterra.
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Competition watchdog takes action against Murray Goulburn
The ACCC is taking legal action against milk processor Murray Goulburn, alleging it misled farmers about farmgate milk prices.
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Parmalat to upgrade SA dairy facility
Milk maker Parmalat will spend $12 million to upgrade its facility in the Adelaide suburb of Clarence Gardens.
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A2 Milk forecasts sales jump
NZ milk company A2 Milk is forecasting higher than previously expected sales in the six months to June, as a result of increased demand.
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How milk could help cure Alzheimer’s, Parkinson’s [VIDEO]
A study on UHT milk is helping scientists to understand Alzheimer's, Parkinson's and type 2 diabetes, opening the door to improved treatments for these diseases.
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Australian dairy expected to recover in 2017/18
Australian dairy farming businesses should see a much-needed return to profitability in the 2017/18 season, according to a recently-released report.
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Bellamy’s chairman Rob Woolley quits
Bellamy’s Australia chairman Rob Woolley (pictured) resigned from the company this morning, ahead of a meeting that is expected to result in changes to the board.
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Murray Goulburn posts $31.9m loss
Australia’s largest dairy processor Murray Goulburn has posted a heavy first half loss of $31.9m, following lower supplies and adverse weather conditions.
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A2 Milk Company profit goes through the roof
Infant formula maker A2 Milk has reported first half net profit after tax of $NZ39.4 million ($36.8 million), a 290 per cent increase over the previous corresponding period.
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New milk powder plant opens in South Australia
Premier Jay Weatherill yesterday opened the Blue Lake Dairy Group’s processing plant at Tantanoola in the South Australia’s South East.
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Murray Goulburn appoints new independent non-executive director
Dairy processor Murray Goulburn has announced Mark Clark will join the Board as an independent non-executive director.
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Dairies finding new “whey” of turning waste into profit
SPX Flow has helped cheese producers upgrade their facilities to produce whey powder, whey protein isolate powder, non-caking whey powder, non-caking permeate powder and lactose powder.
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World dairy trade faces strong headwinds
The trade in dairy products has suffered a number of massive blows in the last three years and is set to continue face headwinds going forward, according to a new report.
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Asian milk demand growing but competition strong for exporters
Asian demand for Australian milk is continuing to grow but export margins have been squeezed and could potentially tighten further, according to new research.
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Murray Goulburn to face dairy farmers at AGM
Dairy farmers still looking for answers six months after Murray Goulburn cut the amount it pays them will converge on Melbourne today for the co-operative’s annual general meeting.
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Murray Goulburn cuts farmgate milk price, profit expectations
Murray Goulburn has cut both its profit expectations and expected closing farmgate milk price for 2016/17 because of wet weather and a subsequent drop in milk intake.
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Katter’s Australian Party wants fair milk price logo
Katter's Australian Party MP Shane Knuth has tabled a private members bill into the Queensland Parliament to legislate for the introduction of fair milk price ‘logos’.
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