COMMENT: Rising input costs for dairy farmers must be tackled
This decision needs to be considered in the light of ongoing input price inflation and the massive financial pressures on farmers over the last year.
If the IDB Index is adjusted upwards in the next announcement — as is widely expected — then the decision not to increase milk price will look even more questionable than it does now. People seem to have forgotten that only three months ago dairy farmers — like other farmers — were in the middle of an unprecedented fodder crisis.