Farming News - Meadow Foods increases its milk price
Meadow Foods increases its milk price
Meadow Foods has announced that it will be increasing its milk price by +0.5ppl from 1st February 2020, taking their standard A litre milk price to 25.5ppl. The change will apply to the flat rate element on the price schedule.
Mark Chantler, Chief Executive of Meadow Foods, comments: “We are aware of continued pressures on farmers and are pleased to be able to pass on this price rise despite the mixed messages on price we are receiving from the markets we sell into.
"The market is expected to remain challenging as we assess the implications of Brexit going forward, however we will continue to carefully monitor how both supply and demand develop over the next couple of months. We will be meeting with our producers next month to share our views on the current market position and to listen to their perspectives."