Saputo has offered an early guidance range for the 2024/25 season, flagging a weighted average opening farmgate milk price of between $7.80 to $8.00 kgMS.
Pay Disparity Sparks Strike at Saputo Dairy's Burnie Plant in Tasmania

Saputo has offered an early guidance range for the 2024/25 season, flagging a weighted average opening farmgate milk price of between $7.80 to $8.00 kgMS.

Saputo expects opening farmgate milk prices will be reduced to factor in ongoing global and domestic market volatility and anticipated market returns.

According to Saputo the price guidance reflects SDA’s strong business position, which allows the company to pay a premium above commodity price returns due to improvements achieved through an ongoing focus on operational efficiency and domestic business.

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The price for the butter so essential to the pastries has shot up in recent months, by 25% since September alone, Delmontel says.

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