Farmers are now commencing negotiations for this winter’s liquid milk price with milk processors that offer annual contracts. These farmers are seeking a price rise in the region of 1-2c/L
Remaining milk processors have set contracts for multiple years.
Retailers have been contacted to seek bilateral meetings to discuss the tight margins endured by liquid milk farmers.
Reports of reduced retail prices of everyday staples in the large multiples is of grave concern. Any reduction in the retail price of milk will undermine the true cost of its production.