Original article by Jared Lynch
The Australian Financial Review – Page: 29 : 21-Jul-15

The global price of whole milk powder fell by 13.1 per cent to $US1,848 per tonne in early July 2015. The downturn has prompted industry body Australian Dairy Farmers to warn that local dairy farmers may struggle to break even in 2015-16. The majority of milk processors have indicated that they will initially pay dairy farmers $A5.60 per kilogram of milksolids, which is just above the cost of production for many farmers.

CORPORATES
AUSTRALIAN DAIRY FARMERS’ LIMITED, FONTERRA CO-OPERATIVE GROUP LIMITED