Meadow Foods has announced it will be increasing its milk price from August 1.
The price will increase by 1ppl, taking their standard A litre milk price to 28.15ppl.
The estimated B Price range for July is between 30ppl to 33ppl and the market currently shows signs of strengthening going into Autumn.
Simon Chantler, Executive Chairman at Meadow Foods, comments: “We are pleased to be able to pass on this increase to our producers. We will continue to watch the market closely and hope to continue to be able to move our price forward as soon as we can.”
Meadow Foods is the UK’s largest independently owned dairy group and leading supplier of milk based dairy ingredients to the food industry.
Meadow Foods currently handles more than 500 million litres of milk each year direct from over 550 farmer suppliers from across the North of England, Midlands and North & West Wales.
The company, founded in 1992, operates from factories in Chester, Peterborough and Holme-on-Spalding Moor and now employs more than 275 people.