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Processors warn of squeeze as global dairy prices falter

Operating conditions for Australian dairy manufacturers are tough. Processors in the country are facing a squeeze as global dairy prices falter. The decline in prices has put pressure on the industry, making it increasingly challenging for processors to maintain profitability.

The Australian dairy industry has been grappling with various challenges in recent years, including droughts, rising input costs, and now the impact of the global dairy market. With the decline in prices, processors are finding it harder to compete and maintain their profit margins.

It is crucial for dairy processors to find innovative ways to navigate these challenging times. This may involve exploring new markets, improving operational efficiency, and investing in technology to streamline processes. Adapting to the changing market conditions and consumer preferences will be vital for the long-term sustainability of the industry.