Vital Signs: why more expensive milk won't help farmers much
- Written by Richard Holden, Professor of Economics, UNSW
Woolworths is pushing up the price of milk. It's normally no way to help farmers.Shutterstock
The supermarket giant Woolworths this week broke ranks and announced it was going to stop selling A$1 per litre milk. It will now charge A$1.10, or A$2.20 for two litres.
Chief executive Brad Banducci made it clear that there was more to the decision than...
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