Woolworths Lifts Farmer Milk Payments by $50 Million as Hormuz Shipping Costs Bite Hard
The closure of the Strait of Hormuz has sent oil, diesel, and fertiliser costs surging — and Australian farmers are absorbing the hit at the worst possible time. Woolworths has moved to cushion some of that pressure, but the structural challenge for the supply chain runs deeper than a single per-litre milk payment. Woolworths has … Read more