Dairy sup­pli­ers need cer­tainty

The Northern Star - Northern New South Wales Rural Weekly - - News -

PRES­SURE is mount­ing on ma­jor dairy com­pa­nies to set new sea­son open­ing far­m­gate milk prices in the com­ing weeks.

In what is be­lieved to be an in­dus­try first, Bega Cheese an­nounced it would con­tinue its 2017-18 far­m­gate milk price of $5.63/kg of milk solids through to Septem­ber in a bid to give its dairy sup­pli­ers some cer­tainty on re­turns.

Bega Cheese chair­man Barry Irvin said the com­pany wanted to in­stil some con­fi­dence among its sup­pli­ers head­ing into spring.

“We wanted to give some strong sig­nals to farm­ers when they have been get­ting some pretty neg­a­tive sig­nals in the past lit­tle while,” Mr Irvin said.

“So farm­ers know they have got that price for the first three months of next sea­son.”

The com­pany said it would an­nounce milk pay­ments for Oc­to­ber on­wards be­fore Septem­ber.

Bega Cheese was also of­fer­ing a once-off 50c/kg of milk solids pay­ment if sup­pli­ers agree to a three-year milk sup­ply agree­ment, and 25c/kg of milk solids for a two-year ar­range­ment.

PRICES: Bega Cheese has an­nounced it will con­tinue its 2017-18 far­m­gate prices.

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