Tuesday, 31 October 2017 09:44

Saputo to buy MG for $1.3 billion

Murray Goulburn has been all but sold to Canadian processor Saputo for $1.3 billion.

Published in General News

We're getting close to the peak of the production season in southern Australia, in one of the most tumultuous periods in the recent history of the industry. In the past 18 months, an unprecedented volume of milk has moved between major dairy companies in a short space of time, and most likely has some way to go yet, as the aftershocks of the major step-down in milk prices towards the end of the 2015-16 season continue to reverberate.

Published in General News

Murray Goulburn will consider debt funding of up to $100m to shore up the current farmgate price of $5.20kg milk solids (MS).

Published in General News

Murray Goulburn has raised its opening price by 50c/kg milk solids to $5.20/kg barely two weeks after its initial offering of $4.70/kg.

Published in Opinion
Wednesday, 14 June 2017 09:23

Another lost season for farmers

Farmers have been surprised and in some cases angered by Murray Goulburn’s lower than expected opening prices, however some are adopting a measured response.

Published in General News
Tuesday, 13 June 2017 09:33

Low opening the final straw for Brian

Brian McLaren has been a loyal Murray Goulburn supplier for 48 years but the latest price blow could be the final straw.

Published in General News
Tuesday, 06 June 2017 11:16

Murray Goulburn opens at $4.70kg/MS

Murray Goulburn will open the new season at $4.70/kg milk solids with a forecast closing price of between $5.20kg and $5.40/kg MS.

Published in General News

Fonterra will pay an “additional” monthly payment of 40c/kg milk solids on top of a forecast 2017/18 milk price of $5.30-$5.70kg/MS in a bid to retain milk supply.

Published in General News

Murray Goulburn will pay suppliers $4.95/kg milk solids for the current season and will repay clawback funds to existing and returning suppliers. It will also close its manufacturing facilities at Edith Creek, Rochester and Kiewa.

Published in General News
Friday, 28 April 2017 11:24

ACCC takes Murray Goulburn to court

The ACCC has instituted proceedings in the Federal Court against Murray Goulburn, alleging it engaged in unconscionable conduct and made false or misleading representations in contravention of the Australian Consumer Law.

Published in General News
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When butter and chocolate collide

TWO New Zealand companies Lewis Road Creamery and Whittakers have teamed up to deliver what must be every dairy lover’s dream: chocolate butter.

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