Milk Price to Increase from Dairy Crest
Dairy Crest will release a 1ppl raise its milk price from 1 September 2016, meaning that the Davidstow core milk price will be 22.72ppl. The company ensures that it will remain one of the most competitive milk prices in the United Kingdom.
“We are increasing our milk price against a backdrop of falling UK milk production. Dairy Crest wanted to reflect this in our milk price as soon as possible,” said Ruth Askew, Head of Procurement at Dairy Crest. “We are proud that the Davidstow contract has remained one of the most competitive milk prices in the UK throughout extreme downward pressure on the supply chain. We hope that this positive news will provide our farmers with some confidence as we head into the Autumn.”
“We are confident our business strategy is creating exciting opportunities to add value to milk produced by British farmers, such as our move into production of Infant Formula ingredients. The strength of our portfolio of market-leading brands, including Cathedral City, in addition to our new product streams, ensures we offer a secure, sustainable and growing partnership model for our supplying farmers.”
The Dairy Crest brand was created in 1980. The company is integrated dairy business. In 2015, the company sold its dairies business to Muller.
