South Africa to launch online milk trading platform

Xinhua News Agency, Nairobi, April 9th (reported by Lu Di) - According to the All-Africa website on the 9th, South Africa will launch an online milk trading platform next month. The South African Dairy Farmers Organization stated that online transactions will not lead to an increase in milk prices.

The spokesperson for the dairy farmers organization, Tre布朗che, said that the online trading system will bring basic market forces into South Africa's dairy industry, but it is not expected to have a "major" impact on milk pricing. Although dairy farmers will learn at their doorstep how much others are selling their milk for, it is not expected that milk prices will rise as a result.

Currently, dairy companies such as Parmalat acquire milk through individual contact with dairy farmers, and the purchase prices at different farms vary. Through the online trading platform, both dairy farmers and buyers will be able to plan better and sell more milk.