Saputo Flags New Season Price Range

Saputo Flags New Season Price Range

Saputo has offered an early guidance range for the 2024/25 season, flagging a weighted average opening farmgate milk price of between $7.80 to $8.00 kgMS. Saputo expects opening farmgate milk prices will be reduced to factor in ongoing global and domestic market...
Saputo Flags New Season Price Range

Cattle Market Steadies

Cattle markets have steadies in 2024 after the wild swings of 2023 and 2022. The EYCI is still weaker than YOY, but  according to Mercado better prices are likely over the coming weeks, with current fundamentals it making “prices tanking in the same fashion they did...
Saputo Flags New Season Price Range

Farmland value growth stalls

Australian farmland values reached an inflection point in 2023, with the median price for the first half up just 0.1% YOY according to Rural Bank’s Mid-Year update. It’s a sharp contrast to trends in the previous half-year periods, which featured median price growth...
Saputo Flags New Season Price Range

2022/23 Victorian dairy profits lift

According to the 2022/23 annual Dairy Farm Monitor, average profitability in Victoria reached its second highest in 17 years in real terms, as 96% of respondents recorded a profit across Victoria. All regions in Victoria experienced challenges with higher input costs...
Saputo Flags New Season Price Range

Coles raises retail milk price

Coles has lifted its own-brand milk prices by 10c to $1.70 for one litre of milk and $3.30 for two litres due to “ongoing cost increases in the supply chain.” A spokesperson said the supermarket was aware of the increased cost-of-living pressures faced by its...
Saputo Flags New Season Price Range

Australian prices ease

The consumer price index data with rose 4.9% in the 12 months to July 2023 according to the Australian Bureau of Statistics, down from 5.4% in the 12 months to June. Housing (+7.3%) and food and non-alcoholic beverages (+5.6%) contributed to the annual increase, while...