Müller, Britain’s biggest producer of branded and private label fresh milk, cream, butter, yogurt, desserts and dairy ingredients, has confirmed that the milk price for its 700 Müller Direct farmers will be 28.00ppl from March 2018.
The 1ppl reduction compared to the milk price offered by the company in January and February follows an easing of returns over the past six months for products like cream and butter which trade in global commodity markets.
Rob Hutchison, Müller Milk Supply Director said: “Weaker dairy commodity prices coupled with higher levels of off farm production, are combining to put pressure on farm gate milk prices at the moment.
“We continue to place a focus on adding value to the milk that we buy by increasing the portfolio of Müller branded and private label products we make. This gives dairy farmers greater protection from the full impact of these cyclical market challenges.”