The Co-operative Group has today (11th September, 2012) announced that, effective from 1st October, 2012, it is to increase the price it pays on milk within The Co-operative Dairy Group (CDG) to a total price of 30p per litre. This follows a review of market conditions as we move into the autumn/winter period.

The Co-operative Group is proud of its partnership with the CDG and is committed to working with them to provide not only a sustainable milk price but also a package of benefits designed to help them improve profitability.

Steve Murrells, Chief Executive, The Co-operative Food, said: “We are committed to supporting British farmers and to ensuring a long-term, sustainable future for British dairy farmers.

“We are in continuous dialogue with our farmers and keep our payments under constant review, and we are making this move in recognition of the increasing input costs as we approach the autumn period, in particular animal feed prices, and the poor silage crop as a result of the unprecedented wet summer weather."

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