The increased milk price will be offered to all dairy producers supplying the Group except those in Tesco and Sainsbury’s supply groups which each have their own milk pricing arrangements.
The farm-gate price will increase from its October level in two stages – by 0.5ppl to 29.5ppl from 1 December 2012 and then a further 1ppl to 30.5ppl from 1 February 2013 – with the company aiming to help dairy farmers meet rising costs whilst it works commercially to recover the increase from markets it serves.
Ronald Kers, chief executive officer of Müller UK & Ireland Group, said: “We want to return a higher milk price to farmers so that we can ensure security of supply for our customers in an environment where off farm milk production is dropping.”
Source: Müller UK & Ireland Group
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