26 February 1999
Second time round for Milk Marque
By FWi staff
MILK Marque has dropped the indicative prices for round two of its January selling process in a desperate attempt to clear the market.
The co-op was forced to renegotiate with dairy processors following the failure of the first selling round which produced bids for only one-quarter of the milk on offer.
The new proposals include a reduction of the cheapest contract, Varying Supply, of 0.7p bring it back in line with the price set in last August.
The Premier contract has been further reduced by 0.7p, which is a total of 1.5p less since the launch of the January selling process.
The mid-priced Ex-Farm Profile has also been reduced by 0.7p in addition to the 0.3p reduction in the first round.