Canadian dairy processing giant, Saputo, has been hit hard by COVID-19, with adjusted net earnings down 21.5 per cent in the fourth quarter but its profitability for the year held up and Australia was among its most resilient divisions.
The 10 cent a litre retail levy is "a gimmick duping consumers into thinking dairy farmers are getting genuine help from the supermarket".
Woolworths extends its 10 cents a litre retail price levy and expects to generate $30 million in extra farmer payments
Almost all the WA farms visited have invested in large rotary dairies which is a significant difference from Qld.
Fonterra Australia talks about milk price following the NZ farmgate forecast and Bulla's opening price announcement.
Fair prices are important in milk contracts, but more significant will be the complaint resolution procedures which processors agree to