Farmers Representing Farmers
Bonlac Supply Company (BSC) acts as the agent for milk supply to Fonterra Australia.
BSC therefore represent the interests of all suppliers in Victoria and Tasmania with a collective independent voice.
Acting on co-operative principles we have partnered with Fonterra to develop a “modern day co-op” to deliver significant benefits and opportunities to BSC Suppliers.
Benefits to suppliers:
Farmers working collectively for farmers
Supply arrangements that are in the best interests of all dairy farmers supplying Fonterra Australia
A benchmarked milk price return that is regularly monitored.
Strong and active representation of supplier’s interests at industry and government level
What we do:
Negotiate with Fonterra Australia, on behalf of our suppliers, on conditions of milk supply
Develop the next generation of dairy industry leaders through the BSC Leadership Program
Oversee the operation of BSC Fonterra Australia Supplier Forum which provides direct farmer feedback to BSC Board and Fonterra Australia
Represent supplier’s interests with Fonterra Australia and work with Fonterra to develop initiatives to support farmers
Actively participate in supplier meetings, field days, industry conferences, industry forums etc.
Govern the investments owned by BSC utilising the profits to deliver value to our suppliers
Our relationship with Fonterra Australia
BSC have a formal, constitutional agreement with Fonterra. This has been re-negotiated and extended to 2019.
The agreement includes the rights of all BSC suppliers to have their milk collected, the monitoring of Fonterra’s benchmark milk price return and the negotiation and contribution to the development of the milk pricing structure and associated initiatives.
The partnership between BSC and Fonterra provides BSC suppliers with all the benefits associated with supplying a global co-operative.
