FDBusiness.com

UK Retail Milk Price War Ends

 Breaking News
  • Hilton Food Group to Move into UK Fish Processing Hilton Food Group, the UK-based specialist international meat packing business, has agreed to acquire Icelandic Group UK (Seachill), a leading chilled UK fish processor, for cash consideration of £80.8 million. The acquisition will provide Hilton with entry into the processing and supply of fish in the UK. Robert Watson OBE, chief executive of Hilton Food Group. Founded [...]...
  • UK Health Costs of Obesity Soaring Money spent last year on junk food advertising in the UK far outweighs the amount Government is able to spend on healthy eating campaigns, leading to an unbalanced environment pushing us towards unhealthy choices, according to new analysis by the Obesity Health Alliance (OHA). Junk food brands are spending 27.5 times more on advertising their products [...]...
  • The End of EU Sugar and Isoglucose Quotas Will Benefit All Stakeholders EU sugar and isoglucose production quotas ended on 30 September 2017. At its recent conference at the Bibliothèque Solvay in Brussels, Starch Europe called on all stakeholders to embrace the benefits of this historic development. Speaking at the conference, Starch Europe president, Alain Dufait said: “As an industry, we find ourselves in a time of opportunity. [...]...
  • Scotbeef Purchases Blast Freezer From Blue Cube In a move to boost freezer capacity at its modern plant in Glasgow, leading UK fresh meat processing company, Scotbeef has purchased a BFT40 portable blast freezer from Blue Cube Portable Cold Stores – part of The Turner Group – after renting the unit for several years. Scotbeef is one of the largest privately owned fresh [...]...
  • Kasih Food Revitalises Hummus Range For International Market Kasih Food Production Co, a leading food production company in Jordan, has unveiled a new range of hummus products in Tetra Pak packages. With the new Mézete brand product line, the company aims to increase its share of the hummus market, projected to reach US$1.1 billion globally by 2022, according to Market Research Future. That [...]...

UK Retail Milk Price War Ends

UK Retail Milk Price War Ends
November 29
14:24 2010

Tesco’s decision to increase the price of its standard milk – a move followed by other supermarket groups Morrisons, Waitrose and Sainsbury – has effectively ended the milk price war in the UK grocery trade. The price war, precipitated by Asda in July, has already undermined profitability at British liquid milk specialist Robert Wiseman Dairies, which processes and delivers 30% of the fresh milk consumed in Britain.

Meanwhile, Peter Kendall, president of the National Farmers Union, the trade association representing UK farmers, has called on the Government to investigate the emerging dairy crisis. “It is clear to me, and the countless dairy farmers across the country who are trying to make a living, that this market just simply isn’t working,” he says. “Milk processors are carving each other up – at the expense of all dairy farmers – by making increasingly reckless undercuts in the market.”

He continues: “At the same time, supermarkets and other liquid milk customers are being extremely short-sighted by paying a milk price so low that some farmers aren’t even meeting their own costs of production. If these customers took the time to look over the fence at what’s happened to cheese prices, they’d realise that cheese production will soon be a more attractive and profitable market for milk. This will leave the liquid market starved of supply. There has to be something profoundly wrong in the market place for these things to be happening.”

He elaborates: “I believe money has been made but not shared back down through the supply chain to the farm gate. This cannot continue or we face seeing less investment, lower milk production, fewer farms and more and more imported dairy products on our supermarket shelves.”

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 19, 2017PMA Fresh Summit 2017
  • October 21, 2017Food & Nutrition Conference & Expo 2017
  • October 22, 2017Serbotel
  • October 22, 2017Natexpo
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements