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Milk prices to go down even more in UK from June

Staff writer ▼ | May 2, 2016
Two more major UK milk processors have announced cuts to farm gate prices for June.
Milk
Dairy   Dairy Crest and Muller will lower their prices
Dairy Crest and Muller announced that their farmer suppliers will endure further price cuts from June.

Müller announced a reduction of 0.49 ppl to its standard milk price from 1 June.

The average standard liquid milk price for Müller Milk & Ingredients is 19.11 ppl with an additional supplementary payment to be confirmed (currently 2.05ppl), though suppliers to the former Muller Wiseman milk group are receiving 18.66ppl and ex-Diary Crest suppliers (Müller Direct Milk) are on 18ppl before supplementary payments.

The Bavaria-based processor said the cuts are the product of “The continuing impact of depressed markets resulting from strong supply and high stock levels.”

Dairy Crest - which was acquired by Muller in late 2015 - also announced a reduction of its Davidstow milk price on Friday. Prices will be cut by 1 ppl from 1 June 2016.

Dairy Crest said the reduction had been agreed with DCD and applies to all farmers supplying Davidstow. From June, the Davidstow core milk price will be 21.72ppl.


 

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