Dairy farmers and dairy farmers are under great pressure due to the high cost of energy, feed and the like. Further price adjustments for milk, butter, cheese etc. are necessary.
The avalanche of costs doesn’t stop at the domestic dairy industry either. “Not only energy, but also packaging, foil and animal feed have become considerably more expensive,” says Helmut Petschar, president of the Association of Austrian Milk Processors. However, the increases were only partly offset by trade. Last year, prices for dairy products in stores had only risen by an average of 3 percent.
To ensure the industry’s survival, higher prices are being negotiated with the retail giants. For milk you would need about 20 cents more per liter in the supermarket and butter would have to be another 20 to 30 percent more expensive to cover the extra costs, explains Petschar. Because the milk price for the farmers must also approach 50 cents. Last year it was an average of 42 to 44 cents per litre. A role model is Germany. Retailers there have already made many milk products more expensive or processors (eg Meggle) have increased the milk price to 50 cents.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
