As reported in Dairy Australia's Dairyweb News - November 6
The retiring boss of Wesfarmers says buyers opt for cheap milk despite professing support for dairy farmers.
Outgoing Wesfarmers MD chief Richard Goyder said: “If you went outside now and asked people, ‘Would you buy $1 milk or $1.20 if 20c went back to the dairy farmers’, 100% of them will tell you, ‘No, I’ll buy it at $1.20’,” he said, but added: “I’ll tell you, when they go to the supermarket, they buy the $1 (milk).”
He said: “I don’t have an issue with what we did because ... subsequently we paid the processors who supply us with milk more.”
Addressing the National Press Club, he criticised the rash of government inquiries into dairying. “What the dairy industry of this country needs is world-class infrastructure to get its products to markets and it need to be a world-class efficient business,” he said. “It doesn’t need a Senate inquiry to inquire into that.”