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

More dairy drama as Bega Cheese cuts milk prices

Major Australian dairy company Bega Cheese has dropped the price it will pay its 500 dairy farmers for their milk from July, but has held it above the key psychological $5 a kilogram of milk solids mark, or 37.4c a litre.

Dairy giant Bega Cheese slams milk price cuts

One of Australia’s dairy industry leaders has accused dominant milk processor Murray Goulburn of acting unfairly towards dairy farmers in imposing savage and retrospective milk price cuts late last month.