Tell ACCC about your dairy trade experience
THE Australian Competition and Consumer Commission says its dairy industry inquiry will examine competition between milk processors, contracts between processors and farmers, global supply markets, and the profitability of dairy farms.
In its Dairy Inquiry Issues Paper published Tuesday, the ACCC has laid out the key issues it will look at as part of its 12-month inquiry, which it has been directed to carry out by the Australian Government.
“The ACCC is seeking feedback from interested parties on issues across all product and geographical markets in the Australian dairy industry. This inquiry will closely examine the key competition and fair trading issues affecting the dairy industry,” ACCC Chairman Rod Sims said.
“As a formal inquiry, the ACCC will also have the ability to compel information from parties including processors and retailers. Our aim is to present a really clear picture of the issues facing the market today, and make any recommendations to ensure it remains fair and competitive.”
Key issues include:
■ Competition between milk processors
■ Contracting practices
■ The availability of price and other market information
■ The effect of private label products, including pricing, on the industry
■ Options for supply into global markets
■ The key factors influencing the profitability of dairy farms.
“The ACCC will hold public forums in a number of dairy producing regions so we can speak with dairy farmers about their concerns, and we will release further information about these forums in the coming months,” ACCC Commissioner Mick Keogh said.
The ACCC must provide its final report to the Treasurer by November 1, 2017.
The Issues Paper, Terms of Reference and more are available at accc.gov.au.