Good news for Fiji dairy farmers as they may soon get $1.10 for a litre of milk.
Farmers are moving closer to earning a proper price per litre for their milk.
At the moment a liter of milk sells for $0.94 cents which is well below the value farmers received in 2010.
But following technical meetings with members of the Dairy Industry Leadership Group, it was agreed the price that will allow efficient farmers to reinvest in their farms and improve their standard of living is $1.10
Fiji Cooperative Dairy Company Industry Chairman, Simon Cole said following their recommendation, discussions continue with interested parties and the support “is in favor of the price increase.
FCDCL will announce the success of these negotiations to farmers as soon as it happens.
Cole said, the government has indicated its willingness to fund a number of recovery packages, including assistance with replacement stock, improved pastures, better feeding through a cow’s lactation and other necessary infrastructure.
He said the “culling of cattle due to TB is likely to continue for the next few years but most in the industry feel that the worst is behind them.