The national voice for Australian dairy farmers

Dairy price slump to reverberate

Australian Dairy Farmers (ADF) president Simone Jolliffe said MG’s profit downgrade had turned into an "emotional week” for producers.

"We’re stressing the need for farmers to prioritise their mental health and reach out for business support to help them understand exactly how the farmgate milk price downgrade will impact individual enterprise,” she said.

Market prospects had been far more bullish three years ago, particularly in Asia, when the MG co-operative – the name behind the expanding Devondale brand – was charting a course to grow its milk production base, setting a top of the market benchmarks and influencing farmgate prices paid by all processors.

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