Bega slams MG for putting profit before farmers

Bega Cheese executive chairman, Barry Irvin, has lambasted rival processor Murray Goulburn for posting an 88 per cent jump in net profit at the expense of its farmer suppliers.
Bega Cheese executive chairman, Barry Irvin, has lambasted rival processor Murray Goulburn for posting an 88 per cent jump in net profit at the expense of its farmer suppliers.
The dairy co-operative at the centre of Australia’s big farmgate milk price collapse in April has reported a 62 per cent rise in after-tax net profit to $40.6 million.
25 Aug 16  1 The dairy co-operative at the centre of Australia’s big farmgate milk price collapse in April has reported a 62 per cent rise in after-tax net profit to $40.6 million.
Farmer-controlled dairy company Bega Cheese has defied tough export markets and competitive domestic milk supply conditions to lift its after-tax profit 132 per cent
25 Aug 16 Farmer-controlled dairy company Bega Cheese has defied tough export markets and competitive domestic milk supply conditions to lift its after-tax profit 132 per cent
Namoi Cotton is about to start a series of meetings with grower members and shareholders to promote corporatising the 54-year-old co-operative.
24 Aug 16  1 Namoi Cotton is about to start a series of meetings with grower members and shareholders to promote corporatising the 54-year-old co-operative.
If you’re perplexed by the Australian dollar’s ability to stubbornly defy expectations and remain remarkably buoyant, you are in good company.
19 Aug 16  3 If you’re perplexed by the Australian dollar’s ability to stubbornly defy expectations and remain remarkably buoyant, you are in good company.
The recently sold North Australian Pastoral Company (NAPCo) has appointed Stephen Thompson as its new chief executive officer to replace Nigel Alexander.
16 Aug 16 The recently sold North Australian Pastoral Company (NAPCo) has appointed Stephen Thompson as its new chief executive officer to replace Nigel Alexander.
The surging beef cattle market looks to have trampled the profit expectations of big live export shipping company Wellard.
16 Aug 16 The surging beef cattle market looks to have trampled the profit expectations of big live export shipping company Wellard.
A sale and leaseback arrangement involving one of Consolidated Pastoral Company’s largest properties has just been announced.
12 Aug 16 A sale and leaseback arrangement involving one of Consolidated Pastoral Company’s largest properties has just been announced.
Investment group DomaCom is trying to convert about $80 million in public pledges into real money as it pushes on with ambitious plans to keep the big S. Kidman and Company pastoral business in Australian hands.
06 Aug 16 Investment group DomaCom is trying to convert about $80 million in public pledges into real money as it pushes on with ambitious plans to keep the big S. Kidman and Company pastoral...
Written submissions to the Australian Competition and Consumer Commission (ACCC) relating to two major chemical company mergers close today.
05 Aug 16 Written submissions to the Australian Competition and Consumer Commission (ACCC) relating to two major chemical company mergers close today.
GrainCorp’s share price has rallied again after crashing in the wake of an unsuccessful exit attempt by major shareholder and former takeover aspirant, Archer Daniels Midland (ADM).
04 Aug 16 GrainCorp’s share price has rallied again after crashing in the wake of an unsuccessful exit attempt by major shareholder and former takeover aspirant, Archer Daniels Midland (ADM).
Farm exports are growing in value by a respectable 5.2 per cent annually, but our trade rivals are  doing an even better job of expanding their market share -  in our export backyard.
04 Aug 16  2 Farm exports are growing in value by a respectable 5.2 per cent annually, but our trade rivals are doing an even better job of expanding their market share - in our export backyard.
While Australia’s big banks encourage their agribusiness customers to seize export opportunities in Asia or further afield, the cost and hassle of getting paid can be a sore point in the farm sector.
04 Aug 16 While Australia’s big banks encourage their agribusiness customers to seize export opportunities in Asia or further afield, the cost and hassle of getting paid can be a sore point in the...
Labor leader Bill Shorten has attacked the Coalition’s handling of the backpacker tax while indicating interest in a National Farmers’ Federation’s proposal.
03 Aug 16 Labor leader Bill Shorten has attacked the Coalition’s handling of the backpacker tax while indicating interest in a National Farmers’ Federation’s proposal.
Australian Agricultural Company (AACo) is poised to launch three new brands to reinforce its surging export marketing offensive.
29 Jul 16  1 Australian Agricultural Company (AACo) is poised to launch three new brands to reinforce its surging export marketing offensive.
South Korea’s $2.4 billion noodle giant, Nongshim Group, wants to get into bed with recently-listed South Australian dairy and meat business Beston Global Food Company.
28 Jul 16  1 South Korea’s $2.4 billion noodle giant, Nongshim Group, wants to get into bed with recently-listed South Australian dairy and meat business Beston Global Food Company.
When Mingenew farmer Stuart Smart first started experimenting with mouldboard ploughing seven years ago in an attempt to overcome ongoing non-wetting soil and weed issues, he couldn’t have predicted the level of success to come.
28 Jul 16 When Mingenew farmer Stuart Smart first started experimenting with mouldboard ploughing seven years ago in an attempt to overcome ongoing non-wetting soil and weed issues, he couldn’t...
Sapphire director Brenton Strauss has appeared before the Murray Bridge Magistrates' Court today over dealings with his failed grain trading company.
27 Jul 16 Sapphire director Brenton Strauss has appeared before the Murray Bridge Magistrates' Court today over dealings with his failed grain trading company.
Archer Daniels Midland (ADM) has sent the share market into a spin scouting for buyers to take its contentious 19.9 per cent stake in eastern Australia’s grain giant GrainCorp.
27 Jul 16  2 Archer Daniels Midland (ADM) has sent the share market into a spin scouting for buyers to take its contentious 19.9 per cent stake in eastern Australia’s grain giant GrainCorp.
Internet livestock marketing service AuctionsPlus is pushing its sales horizons further, kicking off forward contract lamb auctions next week.
26 Jul 16  1 Internet livestock marketing service AuctionsPlus is pushing its sales horizons further, kicking off forward contract lamb auctions next week.
The Monsanto board has rejected Bayer's revised takeover bid for the business, valued at $A85.5 billion.
22 Jul 16 The Monsanto board has rejected Bayer's revised takeover bid for the business, valued at $A85.5 billion.
Recently retired Trade Minister,  Andrew Robb, has joined investment bank Moelis and Company, where he will focus on deals with China.
21 Jul 16 Recently retired Trade Minister, Andrew Robb, has joined investment bank Moelis and Company, where he will focus on deals with China.
Agricultural powerhouse Brazil’s export capacity is enjoying a port construction boom.
20 Jul 16  5 Agricultural powerhouse Brazil’s export capacity is enjoying a port construction boom.
Understocking does not normally help a livestock producer’s bottom line, but increasing numbers of pastoral landholders are getting paid to reduce their carrying capacity.
19 Jul 16  1 Understocking does not normally help a livestock producer’s bottom line, but increasing numbers of pastoral landholders are getting paid to reduce their carrying capacity.
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COMMENTS

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Why do they forget the small producers they are the backbone of the industry. What. Did this
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Good these guys will be able to help the farmers they are treating like second class peasants.
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Lets' hope Troy Grant doesn't Delforce's website or it will be yet another NSW
THE draft Land Administration Amendment Bill has been scrapped, after the failure of almost a year of negotiations between the Pastoralists and Graziers Association (PGA) and the Lands Department.
2:00 AM THE draft Land Administration Amendment Bill has been scrapped, after the failure of almost a year of negotiations...
ADAPTABILITY appears to be the difference between WA's top 25 per cent of broadacre farmers and the rest.25 Aug 16 ADAPTABILITY appears to be the difference between WA's top 25 per cent of broadacre farmers and the rest.