The milk was procured by Aavin, a cooperative, and other private companies at Rs 28-30 per litre, and sold for Rs 50, said Palanisamy, president of TFA.
Protesting against this, the farmers brought milk in bottles and emptied them on the road.
Since the price of cattle-feed has gone up in the last two months, the farmers were not getting any profit margin, he said. PTI NVM NVG NVG
Fonterra chair Peter McBride addresses what he calls ‘spurious suggestions’ that the co-op might fall victim to a corporate takeover.
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