The Union Dairy Company’s opening milk price has been announced at $5.80kg plus S.O.B.
This price has been decided after reviewing other major factories opening figures and – in line with our model – finishing on a price that is no less than the average of the top two processors at opening and closing plus incentives.
Volume premiums will be reviewed on a quarterly basis throughout the season with no mandated step downs.
Thank you for your support during our first year of operation. We have come a long way from when we started and are now much more comfortable operating in this space. We believe the coming season will be reasonably strong, however, it is too early to predict expected full season pricing as there are many factors to consider.
On behalf of all UDC directors we thank you again and look forward to growing further in the coming season.
Kind regards, Dean Mckenna.