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Dairy Australia Fortnightly Update 15/05/2015

Dairy Australia Fortnightly Update 15/05/2015

Categories: Dairy

Key points for the fortnight ending 15/05/2015:

  • Dairy commodity prices on GDT ease a further 3.6%.
  • China’s Shanghai Pengxin group to purchase a further ten NZ dairy farms.
  • Vietnamese giant Vinamilk reportedly poised to acquire European dairy facility.
  • Shareholders vote in favour of all items of business at the Murray Goulburn EGM.
  • Midfield Group to build milk powder plant and enlarged cold storage facility in Warrnambool.
  • Early stage El Niño declared.
  • ASX listed Australian Dairy Farm Group to purchase another three farms in south-west Victoria.

Source: Dairy Australia


Disclaimer: Whilst all care has been taken in compiling the information, the information should not be relied upon as substitute for professional advice where necessary. Rural Bank accepts no responsibility for the accuracy, completeness or timeliness of the information and disclaims all liability in relation to any loss or damage suffered by the use of or reliance upon any information contained herein or in any attachment or annexure hereto by any person. Rural Bank – A Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879