Robert Wiseman Dairies has announced another increase in the price paid to its farmers for milk following last summer’s hike.
The dairy giant will pay its farmers an additional 0.4 pence per litre to 24.72ppl, effective from 1 July. The hike comes after a 0.3ppl increase announced last August.
The news follows criticism of dairy processors last month from the National Farmers' Union for not passing on millions of pounds in extra profits to farmers.
“Our intention is to continue building on our track record for offering producers a competitive standard milk price, and this increase reaffirms our position as a leading buyer of farm gate milk for the fresh milk sector,” said Wiseman milk procurement director Pete Nicholson.
“Our competitive positioning is of critical importance and it is essential that we continue to strike the balance between paying a leading milk price and retaining the ability to compete within our sector of the dairy industry.”
Read more
‘Great milk robbery’ claim is attacked by processors (12 June 2010)
Top brass shake-up at Wiseman Dairies as chairman resigns (22 May 2010)
Wiseman and Dairy Crest announce profit growth (22 May 2010)
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