August deal could mean milk-market peace

10 September 1998

August deal could mean milk-market peace

THE announcement of contracts being agreed for over 80% of the milk on offer in the August sales round could see the start of improved relations between Milk Marque and the dairy industry, reports The Scotsman.

The latest agreement follows the July debacle when dairy industry operators refused to make any bids for milk offered by the co-op, which handles 42% of the milk produced in this country.

The latest deals are likely to lead to price increases for the co-ops members.

The Monopolies and Mergers Commission is investigating the whole milk marketing system in Britain since deregulation. The investigation is expected to be completed by next month.

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