Strong production, tested demand send milk prices crashing
Strong global milk production and rebalancing of demand among key buyers has delivered one of the biggest drops in whole milk powder prices in recent years.
Blaming farmers for the price of milk is wrong when supermarkets are creaming profits, says New Zealand First primary industries spokesperson Richard Prosser.
“We think it’s insulting to farmers to have fresh milk compared with Coca-Cola. Milk is a food taking skill to produce, whereas Coke is just carbonated water packed with sugar,” says Prosser.
Good on your Prosser.
