Murray Goulburn in trading halt

Dairy cooperative Murray Goulburn has halted trade in its listed unit trust as it reviews the effect of market conditions on its full year outlook.

A block of cheddar is pictured in Brisbane

Dairy producer Murray Goulburn has halted trade in its listed unit trust. (AAP)

Dairy producer Murray Goulburn has sought a trading halt for its unit trust shares as it considers the impact of changed market conditions on its full year outlook.

Murray Goulburn was one of a number of Australian agricultural exporters to suffer share price slumps in mid-April when China announced changes to import tax rules but the co-operative has since confirmed its UHT milk and milk powder is exempt from tax changes.

The trading halt may be in place up until April 27.


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Source: AAP


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