date:Jul 31, 2012
On Friday afternoon (July 27) Wiseman Dairies became the last of the big dairies to back down on plans to cut the price it paid for milk.
In a statement it said the planned 1.7p per litre price cutfollowed the significant loss of income we suffered further to the substantial decline in cream values experienced since the beginning of the year, which left us unable to sustain the milk price we were paying.
However, it said the announcement of the price cut coincided with a period of adverse we