milk price index to undergo federal review

Milk price index to undergo federal review

Australia

Agriculture Minister David Littleproud has launched a review of the federal government’s milk price index amid concerns it is not helping dairy farmers.

The index was designed to help producers compare farm gate prices, as well as export prices for cheese, butter, skim milk and whole milk powder, but has copped criticism since it was released in July.

“I’m not convinced the index is working as well as it can for farmers so I want to know if that’s the case and what can be done to make it better,” Mr Littleproud said on Tuesday.