AUSTRALIA: Queensland dairy farmers at risk from low prices, warns QDO
According to Pat Rowley, the president of the Queensland Dairyfarmers' Organisation (QDO), losses can be expected to reach A$20m following price cuts. His words were in response to an announcement made yesterday (5 October), by Dairy Farmers Ltd, that its price per litre of milk would drop to A$0.351 by the end of the years. Farmers in Queensland have fallen nearly 40% since the deregulation of the sector on 1 July this year, and the QDO believes that half of the dairy industry in the state is now at risk.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- 2017: three major drivers of M&A strategy
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- 2017 - what will shape the UK food sector?
- Premier Foods issues profit warning
- UK's Bakkavor plays down IPO "speculation"
- Kellogg to slash 250 jobs
- Mondelez sells Vegemite to Bega
- Lindt sees FY sales acceleration on Europe growth