Floods, pandemics, wars and market forces: what's driving up the price of milk

Written by The Conversation

At the end of 2021, the cost of a litre of home-brand milk in an Australian supermarket was about $1.30. It’s now about $1.60.

What will it cost at the end of 2022? That depends on the continued effect of flooding on prime dairy-production regions in New South Wales, Victoria and Tasmania, as well as on global economic conditions.

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