The UK’s largest independent dairy, Meadow Foods, has raised standard A litre milk prices by 2.25p per litre from 1 December.
The welcomed increase takes A prices to 24.4p per litre, with B prices for November also rising by 2p/litre to 32p/litre from 1 November, 2p per litre.
Meadow Foods’ 550 producers are experiencing their sixth consecutive rise, taking prices 7.4p/litre higher than when markets bottomed out in July.
Simon Chantler, Executive Chairman at Meadow Foods, comments: “These recent increases reflect our policy of returning any milk price improvements as quickly as possible to our producers. We will continue to watch the market closely and hope to continue to move our price forward as soon as we can.”
In August, Meadow Foods announced that they had written to farmers to reassure them that the company would not be penalizing them for any under supply during these challenging times.
Meadow Foods is the UK’s largest independently owned dairy group and leading supplier of milk based dairy ingredients to the food industry. Meadow Foods currently handles more than 500 million litres of milk each year direct from over 550 farmer suppliers from across the North of England, Midlands and North & West Wales.
