UK processors give ground on milk prices
There are signs the country's dairy processors have relented on plans to cut milk prices on 1 August amid days of protests from farmers.
Robert Wiseman Dairies has confirmed it will shelve plans to cut the price it pays for milk following talks with farmers and its retail customers.
Arla Foods has become the next UK dairy processor to reveal it will no longer implement plans to cut milk prices next week.
UK co-op First Milk will not cut the price it pays for milk on 1 August, pledging to help develop "better structures" across the industry after weeks of anger from farmers.
Dairy Crest will postpone a cut to the farmgate milk price that was due to come into effect on 1 August.
Iceland Foods has become the next UK retailer in the firing line over the price farmers are paid for milk.
Discount grocer Lidl has increased the amount it pays for milk in the face of protests from dairy farmers, who are shifting their focus from the UK's largest food retailers to pile pressure on the middle-ground market.
- What next for Nestle under new CEO Schneider?
- Unilever is "working harder" in tough environment
- Nestle catering for an ageing global population
- Hemp food sales in the US set for growth
- Brexit and UK food market policymaking
- Unilever sees growth but spreads decline continues
- Job cuts imminent as General Mills restructures
- Campbell's Soup's sustainable growth strategy
- Arla Foods unveils strategy for growth up to 2020
- US demand for organic food exceeding supply