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Aussie dairy firms up farmers' returns on rising rebound hopes

Fonterra lifts farmgate payout; Murray Goulburn earmarks A$80m for higher prices, farmer loans


TWO of Australia's biggest dairy producers will raise returns to farmers, a sign that a nascent recovery in dairy prices is beginning to filter through to the struggling industry.

Fonterra Australia lifted its farmgate payout by A$0.35 while Murray Goulburn set aside a...