ADF questions proposed reimbursements

Australian Dairy Farmers (ADF) has questioned Fonterra’s and Murray Goulburn’s decisions to not reimburse farmers who no longer supply them for last year’s clawbacks.

Chinese Buying Activity Drives Rally in Global Dairy Auction

Last Tuesday’s Global Dairy Trade (GDT) auction saw a fourth consecutive session of gain, up 3.5 percent on the weighted average for all products offered, following a 4.5 percent rise Nov. 15 and 11.4 percent on Nov. 1. Only buttermilk powder lost ground, down 2.6 percent after leading the gains Nov. 15 by jumping 13.3 percent. By Lee Mielke

Fonterra sets Aust milk price higher than MG

Fonterra has pitched its opening Australian milk price for the 2016/7 season at A$4.75 a kg of milk solids, rising to an average A$5.00 a kg for the entire season. By Jamie Gray