Farmers to be told pay

Dairy farmers will be told what they will be paid under a new industry code of conduct.
Dairy farmers will be told what they will be paid under a new industry code of conduct.

Dairy farmers will be told what they will be paid over the life of their contracts under a new code of conduct. Federal Agriculture Minister Bridget McKenzie has stopped short of ordering a floor price for milk, but hopes the code will provide farmers greater certainty and bargaining power. The code prohibits retrospective price "step downs" by processors and bans exclusive supply arrangements detrimental to dairy farmers. Australian Associated Press