Chairman Clive Sharpe said:
"We have continued confidence that our milk price will increase further during the first quarter of 2017. Since June, the average price increase across our main milk pools is over 8 ppl. These increases reflect both the improved market returns and the accelerating improvements in our own business.
The additional increase for the Midlands and East Wales pool is the result of securing a new brokerage customer. We are also pursuing further opportunities with other customers in the area."