Dairy Crest today announces that it will increase the milk price it pays to its Davidstow farmers by 0.5ppl* from 1st November 2017 to 31.5ppl, an increase of 30% year on year. This has been agreed with Dairy Crest Direct (DCD).
Chris Thomson, Group Procurement Director at Dairy Crest, said:
“We are delighted to announce a further increase in the milk price – our third in as many months. The price move reflects our commitment to pay a fair and competitive milk price to our dedicated, hard-working farmers. The high standard milk they provide allows us to produce market-leading Cathedral City and quality ingredients for the infant formula market.”
DCD Chairman, Steve Bone, commented:
“We are pleased to have reached agreement for a further increase with Dairy Crest. We hope that this will promote confidence in our members and will help them going into the winter.”
Manufacturing standard litre milk prices as published in milkprices.com
For further information please contact:
Chris Thomson, Group Procurement Director
Notes to Editors
About Dairy Crest
Dairy Crest is the leading British-owned dairy company. Our main consumer brands are Cathedral City, Clover, Country Life and Frylight. We work with some 360 farmers in the South West.
Dairy Crest has invested significantly at its Davidstow creamery and is now manufacturing demineralised whey powder and galacto-oligosaccharide (GOS), a lactose-based prebiotic, both widely used in infant formula.