Many of the large dairy companies and co-operatives have been announcing increases in their farmgate prices over the past week.
The increases are based on the 2p per litre boost to retail milk prices recently offered by leading supermarkets.
A more recent deal between suppliers and retailers is that cheese prices should also increase by the equivalent of 2p per litre but the coverage in this sector of the dairy market is thought to be less complete than with liquid milk. A few dairies have announced rises from October but others have yet to make any announcement or are phasing in smaller increases. Dairy Crest has announced increases for its direct suppliers of 0.77ppl for October, 1.28ppl for November, and 1.42ppl for December.
n family way
A family owned dairy is set to supply Asda with milk as part of a local sourcing initiative.
Graham's Dairies, Scotland's largest independent dairy operators, is to supply 16 stores in the Glasgow area as part of the retailer's Scotland's Best local sourcing program.
The milk will be on sale, carrying the dairy's label, alongside Asda own label milk.
n FIG carnage
The Turkish fig market has not escaped the carnage caused by this year's poor weather. Total tonnage is believed to be some 35,000 tonnes against the initially hoped for tonnages in excess of 50,000. No6 lerida figs have been trading at $2,500 a tonne fob Izmir.
n tomato calm
In spite of recent increases in retail prices, canned tomato sales have been unaffected. Contracts have been adjusted to take into account the new season's pack shortfall, with quantities and prices reduced and increased respectively. Retailers have since abandoned promotional activity planned for the new year.
n SULTANAS FIRM
With Christmas approaching trade activity remains brisk in the dried fruit sector.
Turkish sultana prices are firm with the better grades, specially cleaned standard No9s, priced at approximately $950 per tonne fob Izmir, with the No10s at a $100 premium and the No8s at an approximate $100 discount.
One trader said: "The initial crop harvest forecast of about 225,000t has been dramatically reduced with figures as low as 165,000t."
However supplies will be helped by carryover from 2001 and 2000. This is a relief as Greek sultanas are unlikely to make much of a contribution to the export trade with approximately only 5,000 tonnes deemed to be available.
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The increases are based on the 2p per litre boost to retail milk prices recently offered by leading supermarkets.
A more recent deal between suppliers and retailers is that cheese prices should also increase by the equivalent of 2p per litre but the coverage in this sector of the dairy market is thought to be less complete than with liquid milk. A few dairies have announced rises from October but others have yet to make any announcement or are phasing in smaller increases. Dairy Crest has announced increases for its direct suppliers of 0.77ppl for October, 1.28ppl for November, and 1.42ppl for December.
n family way
A family owned dairy is set to supply Asda with milk as part of a local sourcing initiative.
Graham's Dairies, Scotland's largest independent dairy operators, is to supply 16 stores in the Glasgow area as part of the retailer's Scotland's Best local sourcing program.
The milk will be on sale, carrying the dairy's label, alongside Asda own label milk.
n FIG carnage
The Turkish fig market has not escaped the carnage caused by this year's poor weather. Total tonnage is believed to be some 35,000 tonnes against the initially hoped for tonnages in excess of 50,000. No6 lerida figs have been trading at $2,500 a tonne fob Izmir.
n tomato calm
In spite of recent increases in retail prices, canned tomato sales have been unaffected. Contracts have been adjusted to take into account the new season's pack shortfall, with quantities and prices reduced and increased respectively. Retailers have since abandoned promotional activity planned for the new year.
n SULTANAS FIRM
With Christmas approaching trade activity remains brisk in the dried fruit sector.
Turkish sultana prices are firm with the better grades, specially cleaned standard No9s, priced at approximately $950 per tonne fob Izmir, with the No10s at a $100 premium and the No8s at an approximate $100 discount.
One trader said: "The initial crop harvest forecast of about 225,000t has been dramatically reduced with figures as low as 165,000t."
However supplies will be helped by carryover from 2001 and 2000. This is a relief as Greek sultanas are unlikely to make much of a contribution to the export trade with approximately only 5,000 tonnes deemed to be available.
{{MARKET EDGE }}
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