Dairy Crest announces milk price increase

Dairy farmers supplying Dairy Crest are set to receive a boost next month as the dairy announced a further milk price increase.

Suppliers with standard liquid milk and cheese contracts for Davidstow and Hartington are set to receive an extra 0.6p/litre from 1 August.

Arthur Reeves, Dairy Crest’s milk purchasing director, said the recent strengthening of commodity prices should help lift all milk prices.

“However, this does not happen automatically and we are working hard to maximise returns from all market sectors,” he said.

“The increase to our liquid milk price reflects the continued strength of commodity markets and anticipates the higher returns we are seeking from our middle ground customers.”

While the processor had yet to achieve any increase in the cheese market, Mr Reeves said it had decided to pay the increase so its milk price remained competitive.

Upcoming webinar

SEPTEMBER
30

What does the future of farming look like post Covid-19 and Brexit?

Register today