Global dairy prices surged again at auction on Tuesday night, posting a 2.2 per cent increase.
Selling the family dairy farm has been a difficult decision for Cohuna's Heap family but it promises new horizons and an easy to run, profitable proposition for buyers.
The person in charge of the committee setting next year's dairy levy poll options has defended its decision to not include zero or decrease options.
Irrigation allocations have hit 100 per cent of high-reliability water shares in most northern Victorian irrigation systems.
The Dairy Farmers Milk Co-operative Limited has paid a penalty of $11,100 for infringing the mandatory dairy code of conduct.
A 20 per cent increase in the mandatory dairy service levy that farmers pay Dairy Australia has been recommended by the independent committee reviewing the levy.
Fonterra Australia managing director René Dedoncker says Australia will have more independence from NZ as it looks for a source of investment away from the big co-op.