Media Release - 20/03/2019 - NORCO’S DAIRY FARMERS TO DIRECTLY BENEFIT FROM COLES MILK PRICE INCREASE
20th March 2019
Wednesday, 20 March 2019
The announcement by Coles Supermarkets to increase the price of 2 litre and 3 litre Coles Brand milk by 10 cents per litre starting from today, 20 March, is great news for Norco’s dairy farmers.
Norco Co-operative Limited holds the contract to supply Coles Brand milk for Queensland and northern New South Wales. Coles announcement means that the benefit of this retail price increase will go directly to Norco’s dairy farmers.
“We are very excited by Coles announcement and appreciate their efforts in ensuring that the benefit of the retail price increase they have enacted will go directly to our dairy farmer Members of our 100% Australian farmer owned co-operative.
“We are fully committed to working with Coles over the coming days to bed down the details of this announcement for the benefit of our dairy farmer Members.” Mr Greg McNamara, Norco Chairman and Interim CEO said.