Murray Goulburn: Co-op results
MG. Financial results released by Murray Goulburn show the co-operative’s milk intake, of 1.1 billion litres, in the first half of the 2018-19 financial year was 29.9 per cent lower.
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Source: Circular Head Chronicle
Link: http://www.chchronicle.com.au/co-op-results-26699/
Murray Goulburn suitor questions $1-a-litre milk
The Canadian businessman leading the push to buy the Australian processor Murray Goulburn, Lino Saputo jnr, has questioned the sale of fresh milk for $1 a litre, telling a dairy conference, “I just don’t see how $1 milk could be viable.”
By: Darren Gray
Source: Sydney Morning Herald
Link: http://www.smh.com.au/business/consumer-affairs/murray-goulburn-suitor-questions-1-a-litre-milk-20180215-p4z0h8.html
What's going on with Murray Goulburn?
Source: http://www.smh.com.au/business/murray-goulburn-milk-intake-down-almost-30-per-cent-20180206-p4yzkd.html
Murray Goulburn class action could cost more than $200 million
MURRAY Goulburn investors may receive less than 75c for their units or shares, with a source close to the class action against the company expecting the dairy co-operative to pay out more than $200 million.
By: PETER HEMPHILL
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/murray-goulburn-class-action-could-cost-more-than-200-million/news-story/8cbc3c9f8c7caa83c4aa8ade95db61fa
Murray Goulburn: Class action muddies dairy co-op’s sale bid
IT HAS been an annus horribilis for Murray Goulburn and the first few months of 2018 possibly hold further embarrassment.
By: PETER HEMPHILL
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/news/opinion/murray-goulburn-class-action-muddies-dairy-coops-sale-bid/news-story/e46a12ac6c2af0c43f6423e1ef3b705a
Murray Goulburn’s Edith Creek UHT plant sold to the Dutch Mill group of Thailand
A MILK factory in Tasmania’s North-West has been sold to a Thai company on the eve of its closure and the small dairy community is already celebrating.
By: HELEN KEMPTON
Source: Mercury
Link: http://www.themercury.com.au/business/murray-goulburns-edith-creek-uht-plant-sold-to-the-dutch-mill-group-of-thailand/news-story/310645964f274b54af240e0c42bc2ef1
Dairy Farmers Show Optimism
Dairy farmers across the country have been on a rollercoaster for the past 18 months following the dramatic milk price drop last year.
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Source: 2GB 873 – Sydney Talk Radio
Link: http://www.2gb.com/podcast/dairy-farmers-show-optimism/
Dairy crisis drives up higher G-MW debts
Northern Victorian irrigators have racked up almost $12million in debt to Goulburn-Murray Water as the full impact of the dairy crisis continues to reveal itself.
By: ALANA CHRISTENSEN
Source: Riverine Herald
Link: http://www.riverineherald.com.au/rural/2017/11/21/120466/dairy-crisis-drives-up-higher-g-mw-debts
Mountain Milk Co-op heeds lessons of Murray Goulburn’s fall
VICTORIA’S newest dairy co-operative members say they have learnt valuable lessons in “what not to do” from the downfall dairy co-op Murray Goulburn.
By: SIMONE SMITH and KATH SULLIVAN
Source: The Weekly Times
Link: http://www.weeklytimesnow.com.au/agribusiness/dairy/mountain-milk-coop-heeds-lessons-of-murray-goulburns-fall/news-story/0d21e337c7b65dfe83f1212333dcf4cb
Saputo-Murray Goulburn deal faces review
The Australian Competition & Consumer Commission has confirmed it will require the proposed $1.3 billion sale of Australia’s troubled major milk processor Murray Goulburn to Canadian dairy giant Saputo to be subject to a public review.
By: SUE NEALES
Source: The Australian
Link: www.theaustralian.com.au/business/mergers-acquisitions/saputomurray-goulburn-deal-faces-review/news-story/6dc78c2ea2838b35f67d450e17513d15+&cd=1&hl=es-419&ct=clnk&gl=ar