date:Dec 17, 2019
from dairy farmers the Code prohibits retrospective pricing step-downs.
It also prevents unilateral changes except in a narrowly defined set of emergency circumstances; it stops processors withholding loyalty payments from farmers who are changing processor and it prohibits exclusive supply arrangements where other conditions would be to the detriment of dairy farmers.
The code was an important recommendation of the ACCCs 2018 dairy inquiry, which found imbalances in contracting, pricing and