Australian Dairy Farmers Cooperative (ADFC) has raised its farmgate milk price 30c kgMS to $7.95kgMS from 1 January to 30 June. ADFC general manager Andre Sutton said ADFC was in a position to return profits to shareholders and will continue to monitor returns for the remainder of the season to ensure additional value is returned to suppliers. Sutton said the coop was looking for more milk as some of its suppliers have exited the dairy industry, he is positive about price signals for 2023.
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