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».
The European Commission (EC) is working on measures to combat low
retail milk prices across Europe, IDF World Dairy Summit attendees heard.
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.
The group said that an earlier agreement involving processors to raise
retail milk prices by two pence per litre had failed to benefit farmers.
There were also demonstrations at a Morrisons distribution centre near Bridgwater and at another in Ashford, Kent in protest to low
retailer milk pricing.
Not exact matches
children colours confectioner confectionery consultation flavours individual London
milk natural new packaging nutrition packaging
price range
retailer sweets vegetarian
«We're matching
prices on
milk, but the point of difference at Sainsbury's will always be the values in our supply chain - giving our customers both value for money and the values they expect,» said a statement issued by the
retailer.
This follows a significant downturn in
milk production and increases in yellow cheese
prices across Europe, while
prices across European
retail markets are also firming, Ovens said.
The business said it will maintain a competitive standard
milk price with a separate
retailer supplementary payment aimed at its non-aligned producers.
Glanbia is increasing the
price of
milk to
retailers and has told its agents that a 10pc increase over the past seven months in raw material
prices has led it to increase the
price of
milk it sells.
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.
Deputy Prime Minister Barnaby Joyce suggested he will pressure
retailers and processors to increase raw
milk prices for farmers, labelling their current lows as «an anathema».
Mr Joyce raised expectations of action on Sunday, saying the
price of
milk was an «anathema» and he would get on the phone to processors and
retailers to urge them to «fix» the situation.
'' [It's] an anathema, I think it's incredibly wrong that water in a bottle is
priced more than
milk and I think we need to have a strong yarn to the
retailers about that.
Pressure is also building on domestic
retail margins with cut
price private label
milk the most vulnerable.
Lithuanian farmers held a rally near the Agriculture Ministry in Vilnius against a huge gap between the
retail and farmers»
milk prices.
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.
Meanwhile, Coles has defended its
milk pricing in its submission to the inquiry (submission number 131), claiming it has not sold
retail milk «below the commercial cost of acquiring it» (see ABC, «Coles defends its
milk pricing, in submission to inquiry» (16 March 2011)-RRB-.
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 cheese.
UK -
retailer Morrisons has refused to confirm that it is seeking a judicial review of an ongoing investigation by the UK's Office of Fair Trading (OFT) into allegations of
milk price fixing.
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».
The company, Britain's largest
retailer, announced earlier this week that it was cutting the
price of a four pint (2.27 litres) bottle of
milk from # 1.39 ($ 2.32, $ 1.69) to # 1 ($ 1.67, $ 1.22) as part of drive to reduce the amount paid by consumers for staples.
«We don't think that an increase in the
retail price of private label
milk would necessarily benefit farmers, and that any additional profit would mainly be captured by the major supermarkets and processors,» Mr Keogh said.
Tesco's decision to cut the
price of its four pint bottles of
milk to just # 1 could result in a
retail «
price war» in the UK, protest group Farmers for Action (FFA) has warned.
The a2 product commands premium
prices on
retail shelves and its share of the total fresh
milk market by value has crept up to around 9 per cent from 5 per cent in 2012.
Public debates over farmgate
milk prices will take place across Britain over the next couple of weeks, as producers and campaign groups look to maintain pressure on
retailers and processors.
Dairy farmers in UK received a boost this week with the decision of several
retail groups to increase
milk prices.
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).
The ongoing heated debate in the UK that addresses the issue of growing multiple
retailer power in terms of
milk pricing reached an agreement for many farmers last night.
Irish dairy group Glanbia has reached a settlement with the Irish competition authority over allegations concerning the fixing of the
retail price of
milk.
Swiss co-operative
retailer Migros has cut the
price of its leading
milk brand Past to reflect recent cuts in the cost of
milk introduced by its suppliers and remain competitive.
But domestic - focused processors are under intense pressure as margins are sandwiched by the spiralling cost of
milk and depressed
prices on
retail shelves due to a supermarket war between Coles and Woolworths.
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 suggested
retail price of the 32 - ounce quart of organic chocolate
milk is $ 3.99.
Consumer - led boycotts have hit Coles and Woolworths private - label
milk, as the
retail giants continue to sell the
milk at $ 1 per litre, the same
price since 2011.
After all, if every group didn't have a Bargain Mom, we'd all still be paying full
retail price for brand new Bumbo seats (as opposed hitting the gear swap she told us about) and breast
milk storage bags (instead of buying in bulk with the discount code she magically knew).
Stems & Valves
Retail: $ 6.99 Sale
price: $ 6.00 The Whisper Wear Pump
milk collection system utilizes three washable, user - replaceable components: Breast Cup, Stem and Valve.
Breast Cup
Retail: $ 9.99 Sale
price $ 9.00 The Whisper Wear Pump
milk collection system utilizes three washable, user - replaceable components: Breast Cup, Stem and Valve.
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.
How do economists track the
prices of things like
milk, produce, furniture and other
retail products?
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.