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Dairy Australia Fortnightly Update 12/06/2015

Dairy Australia Fortnightly Update 12/06/2015

Key points for the fortnight ending 12/06/2015:

  • Lowest weighted average price for GDT since August 2009
  • Fonterra business review expected to lead to hundreds of job cuts
  • FrieslandCampina will also cut jobs, aiming to boost productivity and cut costs
  • Suspected case of BSE on Irish dairy farm
  • Step up to $6/kg MS for Fonterra Australia
  • Murray Goulburn’s unit trust share float offer opens
  • Warrnambool Cheese and Butter finalise purchase of Lion’s everyday cheese business
  • Dairy Australia’s Situation and Outlook report available next week

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