The multi-national dairy giant has upped the farmgate price stakes as processors battle it out for Australia’s limited supplies of milk.
Lactalis has raised the bar in the battle for milk, offering farmers $9.20-$9.30/kg of milk solids for the 2022-23 season, as it tries to leverage into Sydney and Brisbane fresh markets.
Lactalis — which owns brands including Pauls and Oak — is among a number of companies that are already putting pressure on New Zealand giant Fonterra, which has fallen well behind the pack on pricing.
The Weekly Times understands an announcement from Fonterra is…
