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Through the membership team and your local representatives, I am fully aware of the rapid increase in on-farm costs this year and the impact that this is having on your finances.

We have highlighted to our customers the risk that there will be a shortage of milk in the autumn and winter, as a knock-on impact of the current level of farmgate prices vs. input costs. Of course, we all know that this is purely a demand and supply issue. If producers receive a sustainable price, getting the required supply of milk will not be a problem.

We are being resolute in our commitment to securing the levels of price increases from our customers to allow us to pay you a sustainable price for your milk. The challenge may be great, but we will not shy away from the task in hand.