VFF UDV reaction: opening milk prices

We’ve reacted to initial opening milk prices, with VFF UDV President Bernie Free calling on processors to lift their price after a disappointing first announcement:

“We’re extremely disappointed with initial opening milk prices at a time when dairy farmers are facing skyrocketing on-farm costs.”

“We must see this price stepped up in the coming weeks to ensure the viability of dairy farmers and processors in these turbulent times.”

“Less milk supply will put pressure on processors, as farmers consider their future moving forward.”

“This move by the processors could lead to a downturn in the milk pool, as farmers consider their options.”

“This price announcement doesn’t even factor in inflation or any of the costs of global instability.”

“Farmers will be considering their options if these prices don’t rise.”