Fonterra closing farmgate milk price shortfall

FONTERRA suppliers claim they will receive a closing price of just $5.68 a kilogram of milk solids for 2017-18, 40 cents short of the benchmark price of about $6/kgMS paid to Murray Goulburn suppliers for the season.

Farmgate milk prices: Dairy index shelved

A MILK price index designed to give greater transparency on farmgate milk prices has hit a snag, after the Federal Government and its contractor walked away from a deal to deliver the index early this year.
By: KATH SULLIVAN
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/farmgate-milk-prices-dairy-index-shelved/news-story/1c92ba99e45847c4c6deb59d83759e81

Farmgate milk price step-ups: Which whey now for prices?

FURTHER farmgate milk price step-ups this season have come under a cloud as questions arise about next season — specifically if local competition for milk can withstand global pricing pressures.
By: SIMONE SMITH
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/farmgate-milk-price-stepups-which-whey-now-for-prices/news-story/33531ad6caefe9214bf9aac3af877247