Agri Politics
The ACCC is taking Australia's biggest dairy processor, Murray Goulburn, to court, alleging that it misled farmers (suppliers) about prices.
Dairy
Australian milk production in July dropped on the corresponding month in 2015, the latest figures from Dairy Australia show.
Farmers in Australia have been forced to send prized dairy cows to the saleyards for slaughter so they can pay their bills.
Fonterra Australia has advised its suppliers that it forecasts a closing farmgate milk price for the 2016/17 season of $5.00kg/MS
Murray Goulburn, the Australian co-op, has set an opening farmgate milk price of AU$4.31/kgMs for 2016-17.
Australian dairy co-op Murray Goulburn (MG) recently announced that it has paid its 2,500 supplier farmers too much for milk over the past 10 months.