It’s great to hear that Meadow Foods is to increase its milk prices by 1.15ppl taking its standard A litre to 21.15ppl for October. It is the fourth consecutive month that the processor – the largest independent dairy in the UK – has increased prices.
The reduced milk price over the last couple of years has meant that Dairy Farmers have been really struggling and we have seen substantial reductions in profitability. Hopefully this is the beginning of an industry recovery.
Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.