Home market's rip-off?

The world price of oil has dropped dramatically and this is reflected in the prices we pay at the petrol stations.
Perhaps not all the reduction is passed on, but better than nothing.
The world price of dairy products has dropped by approximately 50 per cent since the beginning of the year. This is not reflected in the prices we pay at the supermarkets.
Note: Some supermarkets sell petroleum products that reflects the drop in world prices.
We are told we have the most efficient dairy industry in the world, yet we pay more than most Western countries for dairy products.
Is the dairy industry more efficient at producing dairy product or in ripping off a captive
home market?

P Dolden, Papamoa.

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