Co-operative Group increases payments to dairy farmers
The Co-operative Group has announced that it is to increase the price it pays on milk to dairy farmers within The Co-operative Dairy Group to a total price of 30p per litre from 1 October.
The move comes following a review of of market conditions for the autumn/winter period.
Steve Murrells, chief executive, Co-operative Food, said: “We are committed to supporting British farmers and to ensuring a long-term, sustainable future for British dairy farmers.
“We are in continuous dialogue with our farmers and keep our payments under constant review, and we are making this move in recognition of the increasing input costs as we approach the autumn period, in particular animal feed prices, and the poor silage crop as a result of the unprecedented wet summer weather.”
