Farming News - Meadow Foods will increase its milk price by 1.25ppl from 1st June
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Meadow Foods will increase its milk price by 1.25ppl from 1st June
Meadow Foods has announced that it will be increasing its milk price by 1.25ppl from 1st June 2022, taking its standard litre milk price rise to 42.25ppl, an equivalent manufacturing litre will be 42.875 ppl. This maintains its industry leading position and is yet another new record level for Meadow Foods.
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Jim Bebb, Supply Chain Director at Meadow Foods, comments: “This is our 6th consecutive monthly rise and allows us to maintain our industry leading price for milk. This offer aims to further support our producers as we are aware of the ongoing inflationary cost pressures they face on farm, alongside the cost of living challenges.
“This increase as been made possible by the continued positivity in the market and because of the improved prices we have been able to achieve for our quality dairy ingredients. This latest move shows positive intent from Meadow Foods and means we have increased our milk price by 12.25 ppl this year alone. We remain committed to passing back any further increases as soon as we are able and to supporting our producers.”