Minister of Finance Israel Katz and Minister of Agriculture Alon Shuster signed a new agreement last week with Israel's dairy farmers.
The agreement, for a period of three years with an option to be extended for an additional two years, serves to regulate the Israeli milk market, and has a direct effect on the price of dairy and cheese products. The agreement sets the price paid to producers for every liter of milk, as well as the cheese import quota.
Milk producers were represented by Lior Simha, CEO of the Milk Producers' Association, and Itzik Schneider, CEO of the Milk Council. Strategic consultant Eli Kamir led the process.