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Dairy co-op is cream of export crop

Supplier News

MILK and related dairy products Co-operative, Murray Goulburn , which is owned by its 3,100 Victorian dairy farmer suppliers, has had its exports success recognised in the recent 2005 Governor of Victoria Export Awards.

The Minister for Manufacturing & Export, André Haermeyer, said Murray Goulburn Co-operative Co. Ltd was named the winner of the Agribusiness Award, in recognition of the success it has achieved in gaining almost 60% of its total sales income from export markets.

Murray Goulburn lifted its export sales by 8.6% to $1,111 million and increased its net profit by 416% to $58.1 million, after recovering from the previous year’s drought.

Haermeyer said the Co-operative was Australia’s largest exporter of processed foods and moved more than 400,000 tonnes of dairy products though the Port of Melbourne each year.

“Murray Goulburn’s main export markets are in the Asia Pacific with new inroads into the US market,” Haermeyer.

“Murray Goulburn, which is best known for its Devondale brand, is committed to maximising payments to its owner-farmer suppliers who produced 3.6 billion litres of milk in the last year.

“This represents 37% of the national milk output, while the suppliers received on average 21% more for their milk than in 2004.”

Commendees in the Agribusiness Award were Carrum Downs based Roma Food Products and Port Melbourne company Symex Holdings . Roma Food Products is an Australian producer of alternative grain pasta and dietary health foods.

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