Farm Groups Unite to Improve Milk Contracts
date:May 20, 2015

In a joint statement the group accused processors of dictating prices that had been brought in with little or no discussion with farmers themselves.
The statement added: All dairy contracts should help develop long-term relationships and not be undermined by speculative market manoeuvring by certain processors making opportunistic purchases of milk on the spot market.
We also need to develop other ways of managing risk including formulaic pricing mechanisms, longer term fixed price contracts an
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