Episode Details

Dairy farmers in Australia are urging supermarkets Coles and Woolworths to increase the price of their homebrand milk by at least thirty cents per litre due to soaring fuel and fertiliser costs. Urea, a key fertiliser, has surged from $800 to $1800 a tonne in a month, while fuel prices are also escalating. Producers aim for a 10-15% overall price hike to ensure farmers survival. Currently, a two-litre bottle of homebrand milk costs $3.20, or $1.60 per litre. If prices dont rise, farmers may reduce production or exit the industry, impacting supply chains. Additionally, packaging costs are set to double due to a domestic resin shortage, potentially adding 8-10 cents per litre.

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