Reputation of fixed milk schemes ‘damaged’

“People who are locked in for 70%, 80%, the majority of these people had huge borrowings."

Fixed milk price schemes had been “very good for peace of mind”, and people locked in such high amounts “because dairy markets are volatile”.

The reputation of fixed milk price schemes has been “hugely damaged”.

Speaking during a panel discussion on milk price fixing and wise investments for economic sustainability at the National Dairy Show, farmer John O’Callaghan said that currently, “I don’t think there’s anybody who would walk into fixed price because the price of milk is so high at the moment”