Barber's holds price through 'biggest milk production month of the year'
It means they will deliver a Barber’s Assured Standard Litre price of 28.05ppl
Alex Black
After two months of consecutive price drops due to ‘mounting competitive pressure’ Barber’s has announced it will hold its price through May – ‘the largest milk production month of the year’.
It said 2018 had seen some ‘disappointing and widespread’ price reductions, with prices dropping at some processors by 4 or 5ppl. But Barber’s highlighted its reduction this year was only 2.25ppl.
“We will continue to keep our pricing under review, and hope that as a consequence of the very late spring and steady UK/EU milk volumes, will stabilise dairy markets.”
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Looking at the markets, Barber’s said the stocks of skimmed milk powder in the EU still ‘cast a long shadow’ across markets ‘especially this side of the spring peak in EU production’.
“Expectations of a large seasonal flush though are reducing with each passing day of cold, wet and even snowy conditions as experienced during March.”
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