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Milk prices SOMEONE'S MILKING SOMEONE Dairy farmers are laying off workers in their thousands and dairy companies are facing increasing losses as the milk price they receive from retailers continues to plummet. Yet consumers are facing an.

Asia Africa Intelligence Wire

| July 29, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Financial Mail)

Byline: Mzwandile Jacks

Milk prices SOMEONE'S MILKING SOMEONE Dairy farmers are laying off workers in their thousands and dairy companies are facing increasing losses as the milk price they receive from retailers continues to plummet.

Yet consumers are facing an ever-rising retail price for milk. The National Agricultural Marketing Council (NAMC) has been given the task by the minister of agriculture of investigating the seeming anomaly in prices, which is hurting both producers and consumers. NAMC livestock division head Schalk Burger says it could be related to high transport costs, given the continued rise in the price of …

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