Saputo has increased its farm gate milk price for non-exclusive suppliers to $9.10 per kilogram of milk solids.
"This is an increase of 21 cents per kilogram of butterfat and 42 cents per kilogram of protein. Our exclusive minimum price has been increased by the same rates," the company said in a statement.
"The non-exclusive minimum price is the price we will pay monthly to suppliers for non-exclusive supply of premium quality milk."
The Union Dairy Company also stepped up its price to $9.50 per kilogram of milk solids.
Bega also upped the ante last week, announcing it will increase its milk price to $9.10 a kg of milk solids.
The price is almost double that of the $4.60 on offer to farmers in the dairy crisis in 2016.
IN OTHER NEWS:
Our journalists work hard to provide local, up-to-date news to the community. This is how you can access our trusted content:
- Bookmark https://www.standard.net.au/
- Make sure you are signed up for our breaking and regular headlines and newsletters
- Follow us on Facebook, Twitter, Instagram and LinkedIn
- Tap here to open our Google News page.
- Join our Courts and Crime Facebook group and our dedicated Sport Facebook group
- Subscribe
Now just one tap with our new app: Digital subscribers now have the convenience of faster news, right at your fingertips with The Standard:
Monique Patterson
I'm a journalist with more than 15 years experience. I currently work at The Standard in Warrnambool. If you have anything to add to this story please contact me at mpatterson@warrnamboolstandard.com.au
I'm a journalist with more than 15 years experience. I currently work at The Standard in Warrnambool. If you have anything to add to this story please contact me at mpatterson@warrnamboolstandard.com.au
