Phil Ryan considers himself one of the luckier dairy farmers in Australia.
The local company that turns his milk into dairy products in Bega, NSW this week proposed a minimum price of $10.40 per kilogram of milk solids for the upcoming season – he was worried it would be significantly lower.
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Cécile Lefort is a markets reporter based in the Sydney newsroom. Cécile worked in New York and Hong Kong writing about global capital markets. Email Cecile at cecile.lefort@afr.com