09 Jun 2017
$5.45-$5.65 FY18 opening is our statement that we are here to build a strong supply chain. We haven't been left behind in FGMP before and it's not going to happen this year; we’ve been able to spend more time to ensure the range quoted covers 85% of our supply base...
05 Jun 2017
Burra Foods has announced it is offering the opportunity for new and existing Milk Supply Partners to receive a $0.40 per kilogram milk solids cash injection to start the 2017/18 season. Please see attached media release for further information...
04 Jun 2017
Our commitment announced on Friday to pay a pre July 30 payment of $0.40/kg MS is intended as a cash injection into our supply chain that will repair cash flow and provide working capital for growth, after a punishing year of low prices followed by the poor seasonal conditions of 2015/6...
21 May 2017
April conservatism has bitten quickly
02 May 2017
Disappointing to see dairy back in the headlines this week following the ACCC announcement regarding previous management of what was meant to be an industry leader. While the ACCC ‘points the finger’ at previous management and MGC takes a massive $410m asset write-down I'd like to think that we are at a turning point for the industry...
18 Apr 2017
At recent supplier meetings a few attendees asked me why I used the term 'recovery' when the FGMP was still barely at production cost and many suppliers were facing cash flow pressures and looking to increase debt so to run their farm in a sustainable way...
06 Apr 2017
Taking some comfort that respected dairy analyst Michael Harvey at Rabobank is about to issue a dairy commodity price forecast that reflects sentiments expressed at last month's Suppliers meetings I'm yet to see the report but am advised that at a currency rate of USD0...
30 Mar 2017
Our very own Pete Fort takes out the Big Gippsland Jersey Milk Off on Day One at Farmworld milking 200mls in one minute. Well done Pete!