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/ 3 November 2008
The current market situation has negatively affected milk sales in the country, leaving milk producers with excess milk no one was buying.
Milk producers are battling to make ends meet amid enormous input cost increases and the threat of declining producer prices.
Governmental food-price regulation was not the right way to handle the ”potential crisis” around increased food costs, the Milk Producers Organisation said on Tuesday. Director Etienne Terre’Blanche said the problem with regulating prices was that the country could not regulate foreign companies’ prices.