In the world's milk day, Australian dairy farmers receive the price for next season

The largest and dominating companies of the domestic and exports dairy business in Australia have recently announced their purchase prices for the next season. This is a common practice established in 2016, with the idea of regulating big companies on the price they pay for smaller dairy farmers to get their goods. The prices go from AUD 6.60 - 7.20 (USD 8.50 - 9.30) for a kilogram of milk solids ($/kgMS). These prices are slightly higher than the ones announced for this season.