Australian dairy farmers call for independent govt review after Fonterra slashed farmgate prices

Mon, 09 May 2016

By Fiona Rotherham May 9 (BusinessDesk) - A group of Australian dairy farmers is planning a rally this week and more to follow in a push for the federal government to urgently establish an independent review of the country’s dairy industry after farmgate milk prices were slashed by Fonterra Cooperative Group and other processors. The group, Dairy Power, said the “unacceptable retrospective reduction in milk price”, which affects 75 percent of farms in Victoria, threatens to push farmers off the land or further cull their herds. “Dairy...

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