The suppliers voted on the outside investors as a way to keep...

The suppliers voted on the outside investors as a way to keep their farmgate pricecs high (500m of external money to invest in growth opportunities and reduce debt). The suppliers voted 90% in favour.. They can kick and scream all they want.. but they have been getting higher milk prices for some years due to MG - now they complain. MG is at fault due to trying to keep the farmgate price high for THEM, but with the external forces they couldn't do it. MIND YOU - they will still get > $5 a litre which is better than 2013 (I believe the farmgate will be revised slightly higher due to AUD). BOTTOM LINE - I dont like it that MG just sprung it on them, and now have to pay it back over SEVERAL years... BUT I think they all knew they were getting a good deal vs the rest of the world for some time. Murray goulburn is guilty of trying too hard for the farmers, but I dont believe its anything malicious.