Asda increases premium paid to milk farmers
Supermarket giant Asda has confirmed that it will increase the price it pays to farmers who produce its milk by 2p per litre.
From 31 August, Asda Dairylink farmers will continue to be paid 27.5ppl litre for the milk they produce for Asda, offsetting the cut in farmgate prices previously announced by Arla.
The supermarket said the additional premium was worth around £30,000 per year for a Dairylink farmer supplying Asda with milk, and means the price they receive per litre will not reduce on 1 August as previously feared.
Karl Martin, Asda’s commercial director for dairy said: “We have listened to the concerns of our dedicated dairy farmers and recognise the financial pressures they are currently facing. As a result, from 1st August we will increase the premium we pay from 1ppl to 3ppl.
“Over the last eight years, in partnership with Arla, we have worked extremely hard to build an open, honest and transparent relationship with our farmers. We pride ourselves on listening and acting positively whenever necessary in order to ensure we operate within a sustainable supply chain.”
