by Freshagenda | Jun 22, 2022 | Australia, Prices
Prices are being pushed to record highs by processors trying to secure supply for next season. Bega is the latest processor to hike prices. In a letter to suppliers, Bega confirmed a forecast price of $9.10kgMS, up from $8.80kgMS. Bega suppliers in Northern Victoria...
by Freshagenda | Jun 15, 2022 | Australia, Prices
Following the flurry of price announcements in the lead up to 1 June, processors continue to adjust their 2022/23 farmgate price offers. Bulla lifted its opening forecast price range to $9.30kgMS to $9.50kgMS, while Saputo raised its opening price to $8.80kgMS, up...
by Freshagenda | Jun 15, 2022 | Australia, Prices
Rabobank expects global dairy commodity prices to fall later this year despite higher farmgate milk prices across the globe failing to deliver more milk. Inflationary pressure and weather setbacks hinder dairy farm output, meaning for the first time for a decade milk...
by Freshagenda | Jun 1, 2022 | Australia, Prices
The annual flurry of 2022-23 opening milk price announcements is underway and will peak today before 2pm upon the regulated deadline for disclosure of their code-compliant milk supply agreements (MSAs) under the Dairy Code of Conduct. Given the intense competition for...
by Freshagenda | May 25, 2022 | Australia, Prices
Lactalis announced an opening price in the range of $8.65kgMS – $8.80kgMS for 2022/23 with the range reflecting geographical and seasonal variation. Suppliers in Northern Victoria will receive $8.80kgMS, while suppliers in Western Victoria and Gippsland will get...
by Freshagenda | May 4, 2022 | Australia, Prices
Norco Cooperative is lifting its May and June milk price, adding 5c/l as a Coop Premium to suppliers, taking the average milk price to 84c/l. Norco chief executive Michael Hampson said it had been a difficult time for suppliers who have repair costs in the tens of...