What is happening to this country?
Milk’s on the luxury list
The country’s biggest supplier is warning milk prices are about to go higher, and medical experts fear the cost of a daily glass is already out of reach for some.
Dairy giant Fonterra today warned supermarket prices could surge further following the sixth consecutive rise in prices on its online globalDairyTrade auction this morning. …
Today at Countdown, Anchor-branded milk cost $4.80 for a 2-litre bottle. In June 2009 in was $3.94 for the same amount.
By comparison, the same supermarket has a 2-litre bottle of Coca-Cola for $3.99 and a 2.25-litre bottle of Coca-Cola for $3.57 (currently $2.79 on special).
Medical Officer of Health for the Waikato District Health Board, Felicity Dumble, said it was a concern when milk was dearer than soft drinks. …
Liam Whaley, a sharemilker on a Ngatea dairy farm, said it was unfortunate Fonterra – which exported 95 per cent of the milk it collected – sold the rest within New Zealand for the same price it would fetch on the international market.
“We sell our milk for about 80 cents a litre to Fonterra. They have got to transport it, process it, package it, market it and distribute it. Somehow along the line it goes to $2.40 a litre. I certainly think they could go a little easier.”
Bugger the free market. Our wages are so low that we can’t keep paying “international prices” for basic necessities. Fonterra should be required to sell milk to the domestic market at cost plus a small margin (10% ?). Similarly for other exported foodstuffs. GST off food is just tinkering at the edges. Will any political party propose real action?