«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.
Not exact matches
High levels
of quality cereals included to boost energy which will
lift and improve
milk solids.
Major
milk processor Murray Goulburn has
lifted its opening price for the 2017 - 18 season from $ 4.70 / kg
milk solids to $ 5.20 / kg and increased its forecast range
of prices for the season.
The world's biggest dairy exporter, New Zealand's Fonterra, has
lifted its forecast farmgate
milk price to a fresh record
of $ NZ8.65 ($ 8) per kilogram
of milk solids as demand for dairy commodities outstrips supply.
It is a situation that will get much worse, despite Murray Goulburn responding to competitive pressure and
lifting the price it would pay to farmers to $ 5.20 per kilogram
of milk solids.