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Key points:
- Woolworths has increased its homebrand milk price to $1.30 per litre for its 2-litre and 3-litre range
- It’s been more than two years since the major supermarkets have lifted the price of cheap milk
- Dairy Connect says the increase will flow through to farmers and hopes Coles and Aldi will follow
The supermarket giant has increased the price of its homebrand milk to $1.30 a litre with its 2-litre and 3-litre bottles now selling for $2.60 and $3.90 respectively, a 10 cents-a-litre increase, while one litre of milk will cost $1.35.
It’s the first increase by the retailer since July 2019 when it lifted its 2 litre to $2.39 and 3 litre to $3.59.
“We’ve seen farmgate milk prices increase significantly over the past two years and they’re forecast to continue rising in the season ahead,” a Woolworths spokesperson said.