Sentences with phrase «gate price of milk»

They were told the farm gate price of milk would be lowered from $ 5.60 for every kilogram of milk solids to $ 4.75 a kilogram after Murray Goulburn had overestimated the value of the milk.

Not exact matches

Where farm gate prices traditionally are set conservatively low, and rise as the season progresses with step ups paid to farmers as the budget is refined based on actual sales, dairy farmers that supply these companies are now facing the prospect of retrospectively paying back 10 months of «overpaid» milk.

«This has been the best season for dairy farmers in a long time in terms of farm gate prices, the danger now is that too much processing capacity gets built and there isn't the milk supply to furnish it in future,» he said.

The co-operative has been accused of artificially elevating the farm gate price to satisfy investors in its non-voting listed trust because the dividend is tied to the farmers» milk payments.

A third director has quit the board of Murray Goulburn following the dairy co-operative's profit downgrade and cut to the farm gate milk price.

«This decision is based on our analysis of the state of competition in the relevant markets... Our conclusions are also strongly influenced by the parallel ongoing interdepartmental reviews of the Raw Milk Regulations and Fonterra's farm gate price.»

Under the deal, the farm gate milk price paid to farmers will be increased by 40 cents to $ 5.60 per kilogram of milk solids this year, with active suppliers to receive an additional 40 cents loyalty payment.

Fonterra has announced a revised payout forecast range for the 2012/13 season, including a lower farm gate milk price (FGMP) of $ 5.25 per kilogram of milk solids — down from $ 5.50.

«There are a number of factors affecting farm gate prices such as global demand for milk, exchange rates and rising input costs.»

As part of its new initiative, the company has increased its farm gate milk price by # 1.31 ppl, which will be effective from 1 September, raising its standard litre price to # 29.00 ppl.

As part of its new initiative, the company has increased its farm gate milk price by # 1.31 ppl, which became effective from 1 September, raising its standard litre price to # 29.00 ppl.

Although price rises looked unlikely this season, with Murray Goulburn maintaining its opening price of $ 5.60 a kilogram milk solids, Mr Helou said the farm gate price would be much lower if the co-operative was still dependent on commodities.

Bega Cheese is bracing for the impact of a bidding war for Australian milk supply at a time when global farm gate prices are expected to fall.

In the UK, Müller Milk & Ingredients has confirmed details of a new initiative it said will help British dairy farmers manage the impact of extreme farm gate milk price volatilMilk & Ingredients has confirmed details of a new initiative it said will help British dairy farmers manage the impact of extreme farm gate milk price volatilmilk price volatility.

«Our intention is to continue building on our track record for offering producers a competitive standard milk price, and this increase reaffirms our position as a leading buyer of farm gate milk for the fresh milk sector,» says Pete Nicholson, milk procurement director at Robert Wiseman Dairies.

VISALIA, Calif. — The findings of a five - month long study commissioned by California Dairies, Inc. (CDI), Dairy Farmers of America, Inc. (DFA), and Land O & rsquo; Lakes, Inc. (LOL) indicate that a properly written federal milk marketing order for California would provide a regulatory structure that would potentially result in higher farm gate prices, which would benefit California dairy farm families.

An exact price is yet to be put on the impact of the embargo, but farmer representative MTK expects farm gate milk prices (FGMP) in Finland to fall by at least 10 % as a direct result.

Fonterra's farm gate milk price (FGMP) calculation for the 2014/15 season has been given the New Zealand Commerce Commission's stamp of approval.

«There are two loan types, Drought Assistance for drought — affected farm businesses and Dairy Recovery concessional loans to assist eligible farmers affected by the decisions of Murray Goulburn, Fonterra and National Dairy Products to retrospectively reduce farm gate milk prices.

On the matter of dairy farmers and processors, Samuel said that evidence has shown that most milk processors pay the same farm gate price to dairy farmers irrespective of whether it is intended to be sold as branded or house brand milk.

«Based on the evidence currently available, our initial conclusion is that Fonterra's setting of the farm gate milk price does not appear to be inconsistent with our interpretation of the purpose and principles in the Bill,» said the Commerce Commission report.

«Although we comment on the appropriateness of Fonterra's approach and assumption in setting the farm gate milk price, Fonterra retains significant discretion in setting that price.

The Commission, which regulates industrial competition in the country, made the statement following the issue of a review into Fonterra's farm gate milk prices (FGMP)- the price paid by dairy processors, such as Fonterra, to dairy farmers for their raw milk.

Farmers for Action (FFA) has threatened a fresh wave of processor - targeted demonstrations across the UK if efforts are not made to increase farm gate milk prices.

UK dairy processors are being urged to implement the Dairy Industry Code of Best Practice on Contractual Relationships and increase their farm gate milk prices — or face being named and shamed.

«Murray Goulburn is itself entering an exciting phase of growth and has identified a series of strategic capital investments that will target a $ 1 per kilogram of milk solids lift in underlying farm gate milk prices over a five year period from FY12 to FY17,» Mr Helou said.

The company said by securing a fixed price for a portion of their milk supply, farmers can substantially reduce their exposure to market volatility, which has seen farm gate milk prices suffer dramatic swings in the past few years.

What should have been presented is decade long trends about: farm and processor bank debt; return on equity; full and part - time employment trends; farm and processor business numbers; domestic versus overseas value adding to commodities; volume and value of imported ingredients and products; international versus Australian processing costs comparisons for major foods like meats, flour, oils, milk products; and the farm gate price share of the consumer dollar for fresh foods like fruit and vegetables, milk, meats, bread, juice, eggs.

The ACCC has issued a draft decision to re-authorise collective negotiation arrangements proposed by Premium Mil Ltd on behalf of its members relating to farm gate milk prices and milk standards when dealing with Parmalat Australia Ltd..

Constant government advocacy of lower food prices for consumers, without any reference to farm gate price share and the Consumer Price Index, is having a significant impact on producer and processor margins and is a major threat to future participation by Australian farmers particularly in the fruit and vegetable, milk and bread secprice share and the Consumer Price Index, is having a significant impact on producer and processor margins and is a major threat to future participation by Australian farmers particularly in the fruit and vegetable, milk and bread secPrice Index, is having a significant impact on producer and processor margins and is a major threat to future participation by Australian farmers particularly in the fruit and vegetable, milk and bread sectors.

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They are the group where the farm gate price is pretty much set by the export parity price, which applies mainly to the farmers in southern Australia and particularly in Victoria, and the farmers who are in areas that are not so involved in the export market, so their marginal sales of milk are much more closely aligned with supplying fresh milk to the local markets.

This equates to a Victoria farm gate milk price of AUD $ 5.00 per kilogram of milk solid.