And processors are keenly aware of the renewed competition in the market – upping their opening prices in a bid to retain their existing supply base and lure new farmers to the fold.
Under the new dairy code, processors had to declare their opening minimum price by June 1st – a month before the season starts.
And that’s giving dairy farmers a lot more choice, at a time when they’ve become a lot less likely to stay loyal to one particular company.
Saputo’s newly-appointed chief operations officer Frank Guido is to step down for unstated personal reasons, the dairy giant has announced.
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