Saputo has lifted its milk price to its southern region suppliers by 15c kg milk solids.
This lifts the weighted average to the range between $9.15 to $9.25 kg.
Saputo director of milk supply and planning, Kate Ryan, said while Saputo continued to navigate variable conditions across global and domestic markets, this step-up reflected recent value realised by the business and their commitment to offer a competitive milk price for loyal suppliers.
“We appreciate the strong partnerships we’ve built with our farmers and we remain committed to fostering a sustainable dairy industry.
“In what continues to be a challenging year for farming communities, our team of Field Services, milk quality, agribusiness and feeds experts are also supporting and connecting suppliers with our partnership programs and services that best suit each farm’s unique needs,” she said.
The announced step-up is retrospective and will be automatically applied to all qualifying milk supplied since 1 July by suppliers who entered into an exclusive Milk Supply Agreement for the 2025-26 season, as published on SDA’s website. The payment will be made to eligible suppliers with their October proceeds during November.
The milk prices quoted above are a weighted average across Saputo’s supply base. Milk prices achieved at individual farm level will vary based on specific milk supply circumstances and a variety of factors.