A report that highlights the precarious condition of British dairy farming has once again enabled First Milk to take an industry leading stance with the media, industry and politicians.
We commissioned The Real Price of Milk report from respected agri-business consultancy, Promar International, who analysed data from a sample of dairy farms across England, Scotland and Wales. You will have received your copy of the report last week.
The report calls for a new formula to calculate a consistently fair price, one that takes account of rising production costs, factors in the cost of the farmer’s own labour and allows farmers to make a profit so that they can re-invest in their businesses.
It argues that the real price which farmers should be paid for milk in 2008/9 should be 29.64ppl.
Commenting on the report, First Milk Chief Executive, Peter Humpreys, said: “For many dairy farmers, we are at a pivotal moment. While the price paid for their milk has risen significantly, further cost rises are inevitable and extensive investment is needed. These factors must be recognised in the prices paid for farmers’ milk.
“We have all become very fond of helping overseas agricultural producers with Fair Trade policies, which ensure a fair reward for the farmers, not just the distributors. It is high time we took the same approach at home with Fair Trade for British dairy farmers.”