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Get your free copy30 September 2013, 11:49 AM
- The dairy production company has announced a 1ppl price increase to effect the farmers involved with its Standard Liquid, Organic and Davidstow contracts
The changes will apply from 1st November, in response to on-farm costs and changes in global cream prices. The new price for Davidstow will be 33.25 ppl, and liquid prices will rise to 32.50ppl on a standard litre basis.
Mike Sheldon, group procurement director said, “The increases we are announcing today show Dairy Crest’s commitment to pay fair, market related milk prices to our farmers. We expect to recover the increased raw milk costs from our customers and are continuing to work with them to adopt our innovative formula as a means of setting our prices with them. We see this as a key step in building trust in the pricing process.”
The price rise comes as the strength of dairy businesses in northern regions is questioned, and plans to boost the industry are being considered.
