SDA announces minimum milk price increase
17 December 2024
Saputo Dairy Australia (SDA) has today advised its suppliers of a step up in minimum milk price of $0.15 per kgMS for the 2024/25 season.
This step up increases the weighted average farmgate milk price to $8.15 - $8.30 per kgMS for exclusive supply in the Southern milk regions (being Gippsland, South-West Victoria and South Australia, Northern region and Tasmania).
This payment will be automatically applied to all qualifying milk supplied under an exclusive SDA milk supply agreement from 1 July 2024. Payment will be made to suppliers with their December 2024 proceeds during January 2025.
Updated milk supply agreements will be published on SDA’s website at www.saputodairyaustralia.com.au/en/milk-supply.
The milk prices quoted above are a weighted average across SDA’s supply base. Milk prices achieved at individual farm level will vary and final milk prices will be influenced by a variety of factors on farm.
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Media inquiries: sda.communications@saputo.com
About Saputo Dairy Australia
Saputo Dairy Australia produces, markets and distributes a wide range of high-quality dairy and non-dairy products for the domestic and international markets including cheese, dairy alternative cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. Saputo is a leading dairy processor in Australia and is part of Saputo Inc., one of the top ten dairy processors in the world. Saputo Dairy Australia products are sold in several countries under well-known brand names such as Caboolture, CHEER, Cracker Barrel*, Devondale, Great Ocean Road, King Island Dairy, Liddells, Mersey Valley, MG Ingredients, Mil Lel, Sheese, South Cape, Sungold and Tasmanian Heritage. Visit us online: www.saputodairyaustralia.com.au | www.saputo.com
*Cracker Barrel is a registered trademark of Lactalis Heritage Dairy used under licence.
