Australian dairy 2023-24 opening prices: Nine buck minimum needed

Processors need to pay at least $9 per kilo milk solids to farmers in June, the United Dairyfarmers of Victoria president says.

With five weeks to go until processors are required to publicly declare opening prices on their websites, Mark Billing said farmers were keen for price certainty from processors.

EastAUSMilk chairman Matt Trace said domestically-focused processors would have to keep their opening prices reasonably high given Australia’s shrinking milk pool.

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Source: Alex Sinnott, 26 April 2023