Sudden drop in prices will cause $40m deficit: Dairy Tasmania - Tasmania Examiner

A move by Fonterra Australia to cut global milk price from $5.60 to $5 will cause a $40 million deficit at the farmgate, according to Dairy Tasmania. See your ad here. What's happening in Launceston. Great new italian place. Has anyone been yet? I'm ...

Milk price shock cuts to hit hard for Tasmanian dairy farmers reeling from big dry - The Mercury

SOME Tasmanian dairy farmers will have their income slashed by up to three quarters after the shock announcements of cuts to the supplier milk price. Dairy farmer Steve Goldsack, from Glengarry in the state's North, said his milk income for May and ...

Fonterra forecasts 63% surge in 2017 organic milk payout - The National Business Review

Fonterra Cooperative Group [NZX: FSF] forecast a 63% jump in its payout for organic milk for the 2016/17 season, saying it needed to secure supply in a competitive market where demand is rising worldwide. The company's opening market-linked organic ...

Fonterra writes big cheques for organic milk - New Zealand Herald

Fonterra said it would pay its organic milk farmers $9.20 a kg of milksolids for 2016/17 - more than double what it will conventional farmers in the current season. The move follows on from the co-operative's announcement that it plans to introduce a ...

Organic milk returns rocket as Fonterra announces $9.20 price for organic farmers - Stuff.co.nz

The global demand for organic milk has been dramatically underlined by Fonterra's opening 2016-17 season forecast for its organic suppliers of $9.20 per kilogram of milksolids. The price is a contrast with the present farmgate price for conventional ...

Dairy farmer shock as Fonterra slashes milk prices - The Australian

Australia's 6000 dairy farmers are in a state of shock after major processor Fonterra announced it was slashing its farmgate milk price by more than 10 per cent. The New Zealand-owned company, which processes 1.6 billion litres or 17 per cent of ...

Fonterra joins farmgate milk price cut - Herald Sun

DAIRY heavyweight Fonterra is cutting the amount it pays Australian dairy farmers for milk, blaming the oversupply weighing on prices globally. The Auckland-based processor will pay its Australian farmers $5 for each kilogram of milk solids, down from ...

Fonterra's milk price cut has Tasmanian dairy farmers reeling as Agfest opens - ABC Online

Dairy giant Fonterra's slashing of its milk price was the talk of the opening day of Agfest, Tasmania's premier annual agricultural event. Key points: Dairy farmers already struggling with high feed and irrigation costs; Future of some dairy farms ...

Fonterra follows Murray Goulburn and cuts milk prices for Australian farmer suppliers - ABC Online

New Zealand dairy giant Fonterra is cutting the price it pays its Australian farmers for their milk this season. (Supplied by Fonterra). Share. Share on Facebook · Share on Twitter · Share on WhatsApp; Print; Mail; Other share options. Reddit · Tumblr ...

Fonterra follows Murray Goulburn in slashing price it pays farmers for milk - Sydney Morning Herald

The world's biggest dairy exporter, Fonterra, says it could have done more to warn farmers after it slashed their milk payments for the first time since the financial crisis. The cut – from $5.60 to $5 a kilogram – comes with just two months remaining ...

Fonterra cuts farmgate milk price - Weekly Times Now

UPDATE: FONTERRA Australia has denied there was pressure from New Zealand to cut its Australian farmgate milk price. Australia's second largest milk processor today reduced its farmgate milk price for the season from $5.60 a kilogram of milk solids to ...