FDBusiness.com

UK Retail Milk Price War Ends

 Breaking News
  • Lactalis Expands in Infant Nutrition With €740 Million Acquisition Lactalis Group, the international dairy group based in Laval, France, is acquiring the Nutritional business of Aspen Pharmacare for €739.8 million (R12.9 billion). The business being acquired supplies a wide range of infant nutritional and growing-up milk products across both the premium and value segments. It manufactures and markets well established quality brands, including S-26, [...]...
  • Thatchers Cider to Invest £14 Million in New Cider Mill Thatchers Cider, the family owned English cider producer, is to invest £14 million in a new cider mill at its Myrtle Farm site in Somerset to meet growing demand for its products. The company has applied for planning permission and, if granted, the new mill would come on stream in 2019. “This investment is about our [...]...
  • Coca-Cola Great Britain Teams Up With Premier League Premier League and Coca-Cola Great Britain have announced a new three-and-a-half-year partnership, starting in January 2019. It is the first sponsorship Coca-Cola Great Britain will activate across multiple brands within its portfolio, showcasing a range of drinks including sparkling soft drinks, water and fruit-based drinks, with low and no-sugar options. The partnership will see Coca-Cola work [...]...
  • Barry Callebaut Completes $30 Million Capacity Expansion in North America Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, has announced the completion of several expansion investments in three of its North American facilities located in St Hyacinthe, Quebec; Chatham, Ontario; and St Albans, Vermont. The investments amount to close to US$30 million and are in line with previously announced plans. Recent investments [...]...
  • Strong First Half From Hilton Food Group Hilton Food Group, the UK-based leading specialist international food packing business, has reported a 25.0% increase in turnover to £863.6 million and by 24.5% on a constant currency basis for the 28 weeks to 15 July 2018. Volumes increased by 12.7% reflecting growth in the UK, Ireland and Australia. Operating profit for the first half [...]...

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

  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
  • September 30, 2018Trade Fair for Butchers, Caterers and Meat Industry (Meat Expo)
  • October 1, 2018Poznan International Fair
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements