Murray Goulburn (MG) has moved to squash speculation the co-operative was likely to be sold.
MG's head Ari Mervis has downplayed claims the co-operative might lose its mantle as Australia's biggest dairy processor.
South West Victorian Murray Goulburn (MG) suppliers have said they’ll stick with the co-operative, despite its dire troubles.
Australia’s leading dairy processor, Murray Goulburn (MG), has announced its milk volumes have been slashed by more than a fifth, while revenue has dropped by more than 10 per cent.
The deputy chairman of the Australian Dairy Industry Council, Grant Crothers, has defended his company’s decision to offer suppliers a three year supply contract.
A director of troubled milk processor Camperdown Dairy Industries (CDI) has said he wished he’d never heard of the company.
Infant formula manufacturer Bellamy’s remains in a trading halt, as the company seeks to unravel why Chinese authorities suspended the licence of its newly acquired subsidiary, Camperdown Powder.