Rene Dedoncker, Australian head of the world’s biggest dairy company, Fonterra, said the crisis was caused by “out of control” pricing by Victorian processor Murray Goulburn, and its former chief executive, Gary Helou.
Read MoreTwo large processors cutting the farmgate milk price last season have eroded the trust between farmers and milk factories. Nothing has changed on this front since and the “dairy crisis” is almost at its 12-month anniversary.
Read More"See yourself out, mate." Fin Review's Joe Aston has 4 words for the departing Chairman of Murray Goulburn, Phil Tracy.
Read MoreThe battered Melbourne-based co-operative has appointed former Ridley Corporation chairman and restructuring expert John Spark to replace Philip Tracy as its chairman on April 1.
IS IT TIME SUPPLIERS RETHOUGHT THE PROCESSOR MODEL and increased their options while reducing their market risk? An interesting article by Marian Macdonald.
Read MoreThe review is just one of a number of reviews being implemented by the co-operative following last year’s disastrous milk price cut.
Read MoreDairyfarmers have generally abandoned the idea of giving long-term loyalty to their milk processor says veteran farm sector boss, John McQueen
Read More“The decision to move (the April price cut) itself was not the issue, but how it was done. It was the right decision but the time frame was all wrong,” Dedoncker admits.
Read MoreFocusing on reducing milk fever through transition feeding, Miss Rodney also looked at the role of feeding supplementary vitamin D and its impact on calcium absorption and the cows’ metabolism.
Read MoreParmalat workers locked out of the Echuca site without pay over an enterprise bargaining agreement dispute will speak at today’s inquiry into corporate avoidance of the Fair Work Act 2009.
Read MoreThe milk pricing crisis which impacted on dairy farmers last year has been credited, in part, for the significant losses recently announced by dairy company Murray Goulburn.
Read MoreFarmers can still express their interest in joining the action, but Mr Burstyner warned they would need to get in contact quickly.
Read MoreA NEW front has opened up in the dairy discounting war, with supermarkets selling tasty cheese for $6 a kilogram, equivalent to 60 cents a litre for each of the 10 litres that goes into its production.
Read MoreMelbourne-based class action law firm Adley Burstyner announced yesterday it would go ahead with a class action against Murray Goulburn and Fonterra, to fight what it claimed was an illegal clawback.
Read MoreMG said it might consider a non-dairy farmer as its new chairman to replace Philip Tracy, who presided over the biggest crisis the milk processor has faced.
Read MoreMr Irvin said the first-half result was strong considering a very wet winter, a highly competitive retail environment, and significant disruption in infant formula supply channels into China
Read MoreSpeculation the co-operative may be forced to close one or more of its sites continues, as it deals with a significant drop in milk supply after slashing farmgate milk prices last year.
Read MoreWhile Australia dairy exports have stagnated at $3 billion or less for the past 17 years, imports have surged from $337 million in 2000 to almost $1.67 billion last year.
Read MoreThe couple estimate the price crash cost them at least $200,000 in lost assets (mainly through forced cattle sales), a figure that will take years and years for them to recuperate.
Read MoreThe Union Dairy Company — a joint venture between Warrnambool’s meat processing business The Midfield Group and global agriculture giant Louis Dreyfus Company — has a processing capacity of 220 million litres of milk
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