Dairy farmers are being urged to explore their options with all processors before signing a contract.
Milk processors are required to release their new milk contracts by June 1.
There has been a lot of discussion regarding these announcements and an expectation of a significant increase in milk prices given the increase in production costs, shortage of milk and ability for the retail milk price to increase in response to cost increases.
Dairy farmers are in a very strong bargaining position and should utilise this to gain the maximum increase in milk price.
This is a fork in the road moment…
