MG feels squeezed by rising $A and falling supplier numbers

Andrew Marshall
Updated July 24 2017 - 3:43pm, first published 9:30am
Murray Goulburn co-operative has downgraded its southern Australian milk receival expectations for 2017-18 from 2.5 billion litres to about 2.3b.
Murray Goulburn co-operative has downgraded its southern Australian milk receival expectations for 2017-18 from 2.5 billion litres to about 2.3b.

Murray Goulburn co-operative is warning the Australian dollar’s recent rapid rise may undermine hopes for its farmgate milk payments to rise to $5.50 a kilogram.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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