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flag Tasmanian potato farmers protest over low prices, rejecting Simplot’s offer amid fears of business collapse.

flag Tasmanian potato farmers protested on Thursday, driving tractors through Northern Tasmania to demand fairer prices amid rising production costs. flag They say they earn just 11 cents per potato used in a $5 McDonald’s fry meal, while Simplot seeks up to 32% price cuts to compete with cheaper imports from India and China. flag Farmers rejected a second offer, including a 4% reduction, warning it would cost them hundreds of thousands of dollars and jeopardize their ability to stay in business. flag They urge Simplot to negotiate in good faith, citing concerns over food security and the long-term survival of local farming. flag Simplot maintains its pricing approach is necessary due to global competition and an outdated previous model. flag The standoff continues without resolution.

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