Commenting on the announcement, Nigel Evans, vice chairman and farmer director, said:
"The returns from the milk market continue to strengthen and this, along with advances in the performance of the business, mean that we can deliver this additional milk price increase to our members, which will be welcome news. Looking to the future, we remain focused on driving efficiency and quality, generating value through strong, long-term customer partnerships to deliver competitive returns back to our members."
Notes to Editors:
Pool November increase November pool price
Haverfordwest 0.52ppl 30.57ppl*
Lake District 0.52ppl 30.45ppl*
Midlands and East Wales 0.5ppl 29.40ppl
Scotland 0.5ppl 29.09ppl
N.B. *Haverfordwest & LDC prices are Manufacturing Standard Litre (4.2% B/fat & 3.4% Protein); others are Liquid Standard litres (4% B/fat & 3.3% Protein), so the equivalent price increase on the liquid standard contracts is 0.5ppl.
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