Dairy Crest cuts milk price

Dairy Crest is to cut 0.275p/litre off its liquid milk contract from the beginning of next month.

Arthur Reeves, Dairy Crest’s milk purchasing director, blamed falling commodity prices for the cut, saying the market had dropped by 5p/litre since the beginning of the year.

That takes a Farmers Weekly standard litre for this contract down to 18.76p/litre, for a producer averaging 2201litres/day on every-other-day collection.

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