The NFU has welcomed the announcement by Dairy Crest that it is to increase the price paid to producers by two pence per litre. This is recognition of the financial difficulties of their suppliers and comes following on-going dialogue between the NFU and Dairy Crest.Dairy Crest announced that it will pay the increase to producers who supply the company direct from the 1 October to the 31 December 2000. It has also agreed to negotiate a similar increase to all supplying co-ops for the same period.NFU's Milk and Dairy Produce Committee Chairman Terrig Morgan said: "This is recognition by Dairy Crest of what the NFU has been saying for some time - that the market is able to bear at least a two pence per litre milk price increase."He added: "This will bring relief but for many producers this may well not be enough to put them on a sound financial footing. Many producers will still be unable to break even let alone reinvest in their businesses."In the months ahead we will be working to secure a return to sustainable milk prices for dairy farmers who have been struggling to earn a living for the past three years."
UK: NFU welcomes Dairy Crest price increase
Get full access to all content, just $1 for 30 days

just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Will Danone 2021 predictions placate critics?
- China becomes Nestle's problem child
- Dairy groups aiming to milk dairy-free
- US pet food in the time of Covid
- Big Food's VC-style funds: the investments so far
News
- Nestle adds to D2C offering with UK deal
- PepsiCo quits snacks joint venture
- Oatly makes IPO announcement
- Deal sees Danone add to plant-based offering
- Tyson Foods rejigs operational structure
Market research
- Soups in the United States
- RCL Foods Ltd (RCL) - Financial and Strategic SWOT Analysis Review
- Bangladesh In-depth PEST Insights
- Meal Kits (Prepared Meals) Market in the United Kingdom - Outlook to 2023: Market Size, Growth and Forecast Analytics
- PT Indofood Sukses Makmur Tbk - Strategy, SWOT and Corporate Finance Report
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
