The company has announced that it will be increasing its milk price by a further 1ppl from July 1 for producers located in Cumbria.
The announcement, which has been backdated to July 1, means that affected producers will see their standard A litre milk price rise to 26ppl, having previously received a 1ppl rise in July. All changes will apply to the flat rate element on the price schedule.
The announcement is the third consective rise for farmers in the regions taking their milk price in line with the company’s producers in Cheshire, Shropshire, Staffordshire, North Wales, Derbyshire, Worcestershire and Yorkshire.
Mark Chantler, Chief Executive of Meadow Foods, comments: “We previously promised that as soon as we were able to achieve better prices, we would pass the benefit back to our producers and we are pleased to do that. Although the market has improved recently, there remains uncertainty and we will continue to monitor the markets closely and hope to be able to pass any further improvements on to producers as soon as possible.”
