Murray Goulburn forced to lift farmgate price to $5.20

By Andrew Marshall
Updated June 22 2017 - 11:51am, first published 11:30am
IMPROVED: Murray Goulburn says it recognises in the current competitive environment it needs to "maintain milk supply and provide improved cash flow for suppliers".
IMPROVED: Murray Goulburn says it recognises in the current competitive environment it needs to "maintain milk supply and provide improved cash flow for suppliers".

Murray Goulburn co-operative has bowed to intense market pressure from rival dairy companies and rushed to upgrade its farmgate milk price for southern suppliers, lifting its opening payment 50 cents a kilogram.

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