Milk Link Increases Member Price By 1p/Litre

UK - Milk Link has announced that it is to increase its Member milk price for February by 1.0 pence per litre (ppl) for manufacturing schedules and by 0.78ppl for liquid schedules.
calendar icon 17 January 2011
clock icon 1 minute read

This will put the co-op's standard litre member price for both types of supply up to 26p/litre.

The latest increase means that Milk Link’s standard litre Member milk price for both manufacturing and liquid will be 26.00ppl.

“As a farmer-owned dairy co-operative we are totally focused on maximising the returns we can generate on every litre of milk supplied by our Members and passing the benefit back to them as soon as possible. Our latest price increase is fully in line with this ethos and comes at a time when our Members, in common with all dairy farmers, are under huge financial pressure as a result of rocketing on farm costs particularly in relation to feed, fuel and fertiliser," said Neil Kennedy, Milk Link Chief Executive.

This rise has been praised by the National Farmers Union (NFU).

"Milk Link is the first buyer to announce any meaningful price increase since last year, and farmers will be encouraged by this," said NFU dairy board chairman Mansel Raymond.

“Let’s be clear though – we see this as just the start. Milk Link should be applauded for being the first off the starting blocks this year, but this price rise is long overdue and the continued strength in dairy markets means that further increases need to follow urgently."

TheCattleSite News Desk

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