Opening Seasonal Determinations Down

Opening Seasonal Determinations Down

The Murray irrigation system will start the season at 39% of high-reliability water shares (HRWS). The Goulburn and Loddon systems will each start with 31% HRWS, while the Broken and Bullarook systems will begin at 0%. The Campaspe system will start with 100% HRWS....
Cattle Prices Firm As Supplies Fall

Cattle Prices Firm As Supplies Fall

Slaughter and feeder ready cattle prices are firming as turnoff in southern regions slow. The rise in the local cattle market comes as international and US beef prices defy economic slow downs and weakening consumer sentiment to post season highs. Substantial falls in...
Aus Milk Production Down 3.8% In May

Aus Milk Production Down 3.8% In May

National milk production fell 3.8% YOY in May. Season-to-date milk intake was 0.4% behind at the end of May, according to Dairy Australia.  Victorian production was down 4.4% YOY for the month and -0.1% for the season to date. In the west of the state the impact of...
Report: Buybacks Could Devastate Dairy

Report: Buybacks Could Devastate Dairy

A report has found water buybacks in the Southern Murray-Darling Basin could significantly reduce milk production between 3% and 15% in the region. The report commissioned by Dairy Australia has analysed impacts in dairy farm businesses, processors and local economies...
Report: Buybacks Could Devastate Dairy

Bega Wants Informal ACCC Clearance

In an ASX-announcement, Bega Group says it advised the Australian Competition and Consumer Commission (ACCC) of an intention to lodge an application for an informal merger clearance of its potential acquisition of Fonterra Oceania. Bega is not shy about its intentions...