Dairy Crest Increases Milk Price Further
UK dairy group Dairy Crest has announced a further 1.78 ppl milk price increase from 1 December 2016. This has been agreed with Dairy Crest Direct (DCD), the independent representative body for the 400 dairy farmers who sell their milk directly to Dairy Crest. This marks the fourth consecutive monthly increase in farmgate price since September.
This means the Davidstow milk price will be 26 ppl from 1 December 2016.
Ruth Askew, Head of Procurement at Dairy Crest, says: “We are committed to investing in our supply chain and ensuring a sustainable supply of top quality milk for our leading British cheese brands – Cathedral City and Davidstow – and our growing infant formula business. During the unprecedented deflation we have seen in dairy markets over the last 18 months, Dairy Crest established a clear track record in maintaining a consistent and stable price for our dedicated pool of farmers in the South West, paying a premium above other major processors.”
DCD Chairman Steve Bone comments: “Dairy Crest has paid a consistently higher price for milk than other major liquid/cheese manufacturers during the downturn. We are pleased that in agreeing to increase the milk price for December, our members will continue to receive a market leading milk price.”
