Goulburn Valley based, Australian Consolidated Milk organic suppliers will receive an opening guaranteed price of $9/kg MS next season, a lift of 12.5 per cent on this year’s opening price.
Announced at the end of April, the price includes nine months of $9.40/kg MS and three spring months — September, October and November — at $8.20/kg MS.
The opening price, which will come into effect for the new season starting July 1, is 10¢/kg MS more than this year’s closing price and comes as ACM’s organic milk pool has increased by 25 per cent.
‘‘The new season’s price reflects ACM’s continued progress in developing the jl
organic business,’’ ACM commercial manager Peter Jones said.
‘‘With stage one of the Girgarre site complete, producing organic milk powders and organic butter, we have commenced stage two of the project, building cheese manufacturing on the same site.’’
Mr Jones said the organic business continued to grow.
‘‘With our own speciality factory at Girgarre and long-term agreements with businesses such as Bellamy’s Organic we are now better-placed then ever to take advantage of this growing appetite for organic products.’’