Navigating the rising dairy prices in foodservices
What we're hearing about the dairy industry
Dairy products are set to be the latest products to be hit by price rises as suppliers such as Norco and Lactalis have already increased their prices at the farm gate to navigate the current difficult circumstances.
A combination of floods, drought, power prices and the cost of fertiliser have all had an impact on dairy goods. It’s clear that the floods in New South Wales and Queensland have had the most significant influence on rising prices as prime farmland has been destroyed and taken out of action for several months following on from the late February floods.
A prime example is dairy co-op Norco, where more than half of the 200 farmers have been significantly affected by the loss of livestock and or machinery.
While some areas of the country are recovering from floods, parts of South Australia, Victoria and Tasmania are recording dry spells that are increasing the cost of feed and water, making it even harder for farmers.
How does this impact you?
It’s important to be nimble in these challenging times and you should consider your options going forward by talking to your Moco Sales Representatives about specific dairy lines.
Supply is still expected to be steady in the coming months although with significantly greater uncertainty on price rises expected across the board on a range of dairy items.
What we are doing to help?
Moco is working closely with our key dairy suppliers to forecast volumes and mitigate shortages to smooth out increases where possible.
We also offers a range of plant-based alternatives that will become increasingly popular while the supply of dairy goods is impacted.
You can shop our range of dairy and dairy alternatives range here.