Robert Wiseman Dairies is to increase the farmgate milk price it offers Wiseman Milk Group members by 1.85 pence per litre (ppl) from October 2011.
Date:
Wed, 24 Aug 2011
Source:
Robert Wiseman Dairies
Robert Wiseman Dairies:
Website
The higher price reflects continuing strength in commodity markets and the company’s need to maintain its competitive positioning so that it can secure the supplies required to meet customer demand over the winter period.
In an environment characterised by strong commodity values, higher on-farm production costs and competition for milk supply, East Kilbride-based Wiseman has now increased its milk price by more than 4ppl since May 2010.
Pete Nicholson, Wiseman’s milk procurement director, said: "If we are to meet our commitments to customers who require a long-term, sustainable supply of fresh milk, it is important that we act to ensure that our farmgate milk price is competitive against a backdrop of higher prices being offered by cheese manufacturers."
The company has also confirmed to Wiseman Milk Group producers some contractual adjustments to milk composition and quality which bring it more closely into line with the requirements of the business.
More dairy industry news from Scotland.