«Against this depressing background, at the least, consumers will likely see further reductions in fuel prices and an acceleration of cuts in
retail dairy prices,» Rabobank added.
Not exact matches
The UK Office of Fair Trading is imposing fines totalling # 49.51 million on four supermarkets and five
dairy processors, following its
dairy products
retail pricing investigation.
Retail chain Morrisons has launched a brand of
dairy products to support
dairy farmers, while Aldi and Asda pledged to pay a minimum
price of 28p per litre.
We firmly maintain that we are innocent of all allegations against us and at no point sought to collude with other
retailers or
dairy processors on
prices.
Tesco added that the allegations from the OFT relate to a difficult time for the
dairy industry, when the
retailer independently increased the
price of a number of
dairy products in an effort to support farmers and in response to feedback from customers and others.
The British
Retail Consortium (BRC) denies the
price fixing charges while
Dairy Crest said it had co-operated fully with the OFT's investigations over the past three years, and would continue to do so.
Dairy Crest and Robert Wiseman, two of the UK's top three dairy processors, confirmed they were under investigation by the OFT in relation to certain «retail price initiatives&ra
Dairy Crest and Robert Wiseman, two of the UK's top three
dairy processors, confirmed they were under investigation by the OFT in relation to certain «retail price initiatives&ra
dairy processors, confirmed they were under investigation by the OFT in relation to certain «
retail price initiatives».
In a recent market announcement, the company quoted the Australian Competition and Consumer Commission (ACCC) in its interim report into the
dairy industry last November, saying: «Wholesale and
retail non-organic milk
prices have been declining in real terms since the industry was deregulated in 2000.
December 2007 also saw a number of UK - based
retailers and
dairy processors admitting involvement in alleged
dairy price fixing for powdered milk, butter and cheese, resulting in combined fines of about # 116m ($ 161m) from the country's own regulator.
Both Arla and rival processor
Dairy Crest lambasted supermarkets last month for cutting
retail milk
prices by around 14 per cent in March, eroding gains made through
price rises in January.
UK
retailer Tesco has announced it has created the Tesco Cheese Group (TCG), which will guarantee
dairy farmers an above market
price for the milk they produce for Tesco's British own - label Mild, Medium, Mature, Extra Mature, Red Leicester and Double...
In a provisional decision, the competition regulator alleged supermarkets Asda, Morrisons, Safeway, Sainsbury, and Tesco, as well as
dairy processors Arla, Dairy Crest, Lactalis McLellan, the Cheese Company and Wiseman, collaborated to fix the retail price of milk, butter and ch
dairy processors Arla,
Dairy Crest, Lactalis McLellan, the Cheese Company and Wiseman, collaborated to fix the retail price of milk, butter and ch
Dairy Crest, Lactalis McLellan, the Cheese Company and Wiseman, collaborated to fix the
retail price of milk, butter and cheese.
In a statement this week the authority said that as a result of the settlement the two companies»
dairies «both gave undertakings in the High Court last Friday - 25 July - that they would comply with the terms of the Competition Act 2002 and not enter into any agreement, or engage in any concerted practice, to fix the
retail price of liquid milk».
Major
dairy processors and supermarkets in the UK have been fined almost # 50m for
retail price - fixing that took place almost ten years ago, according to the Office of Fair Trading (OFT).
Dairy farmers in UK received a boost this week with the decision of several
retail groups to increase milk
prices.
The USDA has once again increased its yearly forecast for
dairy retail prices but economists believe an end to
price hikes is in sight.
A number of UK - based
retailers and
dairy processors have admitted involvement in alleged
dairy price fixing for powdered milk, butter and cheese, resulting in combined fines of about # 116m ($ 161m).
Irish
dairy group Glanbia has reached a settlement with the Irish competition authority over allegations concerning the fixing of the
retail price of milk.
Asian
retail chains are circling the Raleigh
Dairy farms in northern NSW with expectations a
price close to $ 20 million could be achieved.
Despite this, most
dairy industry leaders, including the
dairy wing of the National Farmers» Union (NFU), have rejected calls for a milk
price regulator, preferring to find a solution on the open market and via negotiations with
retailers.
The European Commission (EC) is working on measures to combat low
retail milk
prices across Europe, IDF World
Dairy Summit attendees heard.
That this House: (1) notes with concern the impact on the
Dairy Industry of the Coles milk pricing strategy and that: (a) dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods, price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains&ra
Dairy Industry of the Coles milk
pricing strategy and that: (a)
dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods, price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains&ra
dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods,
price cuts and rising cost of inputs such as energy and feed; (b) unsustainable
retail milk
prices will, over time, compel processors to renegotiate contracts with
dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains&ra
dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many
dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains&ra
dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent
price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk
price war between the country's major supermarket chains».
Dawson answered her own question at what my Google Reader says was 4:49 p.m.: Two other industries know agency
pricing — Apple products are withheld from
retailers who discount them, she writes, and the
price of milk in New York and New Jersey is controlled by a
dairy board.
Stroudco food coop is able to bring together a wide variety of producers — from meat, to
dairy, to fresh produce — and offer their products to consumers at below -
retail prices.
It is believed these supermarkets and
dairy processors deliberately engaged in fixing the
retail prices for milk, butter and cheese by sharing commercially sensitive information in 2002 — 03.