The national milk pool is down 5.3 per cent at the end of May 2023 compared with the same period last year, the Australian Dairy Producers Federation has found.
Last month, for the start of the new milk season, a number of dairy processors announced they would be increasing the farm gate price of milk for suppliers.One processor, Saputo, said the increase would be about $0.25kgMS for farmers in the northern region, Victoria, South Australia and Tasmania. “It’s hard to say whether there will be more increases, there is potential, but hard to say what that ratio or that proportion would be.”
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Source: FinancialReview - 🏆 2. / 90 Read more »