The company has already confirmed that dairy farmers who opted to sell their milk through the alternative Müller Wiseman Formula contract, which is linked to more volatile global commodity market returns, will receive 34.55ppl from October through to December.
Müller Wiseman Dairies has also confirmed that the majority of dairy farmer suppliers on the Standard or Formula price option are on track to receive an additional lump sum incentive worth up to 1.0ppl triggered by increased production, at the end of this milk year.
Martin Armstrong, supply chain planning director for Müller Wiseman Dairies, said: “This increased price reflects continuing pressure on UK milk supplies against a backdrop of strengthening global dairy commodities. As we enter the autumn and winter months, it’s important to act in order to ensure that we can secure the milk required to meet our customers’ requirements.”
Source: Müller-Wiseman Dairies
© FoodBev Media Ltd 2024