Displaying items by tag: supply

What the world needs now is a lot less milk.  The short-term outlook is grim. 

Farmers supplying Fonterra’s Wagga Wagga factory in the NSW Riverina have been offered a new pricing agreement aimed at taking the volatility out of milk income. 

After an encouraging rise, then fall, in dairy product prices in the first quarter of this year, milk producers and manufacturers are again looking for the upside as planning for next season is either well underway or done for most.