By James Garner
ZENITH is the first of Milk Marques daughters to announce its autumn milk price, after a protracted round of negotiations that began in August.
Managing director Chris Bird confirmed that the 1.4ppl rise would take the form of an autumn bonus paid on milk produced from October, and he expects it to last through December.
“It will be a flat rate bonus paid to all our suppliers,” he says.
“The extra money will find its way to producers pockets on 17 November, and is on top of the 0.33ppl rise it made in August.
Despite the length of negotiations, Mr Bird says further talks are ongoing. He hopes for more rises in the next round of negotiations, which begin in December.
The other triplets, Axis and Milklink, have yet to confirm how much they will raise payments to producers, although rumours are that Axis will be lifting them by 1.6ppl and Milklink by 2ppl.
Other firms to announce rises in the past few days, include Arla Foods, which increased payments to producers by 2ppl, taking its standard milk price, according to our estimates, to 18.74ppl.
Bodfari, which made the biggest price increase, lifted pay outs by 2.4ppl, making its standard litre worth 18.56p.