Dairy Crest today announces that, from 1st February 2018, it will reduce the milk price it pays to its Davidstow farmers by 1ppl* to 31ppl. This has been agreed with Dairy Crest Direct (DCD).
“Although this news will not come as a surprise, I do understand that it will not be welcomed by our Davidstow farmers. Nevertheless, it is necessary to ensure that our products remain competitive and we are pleased that Dairy Crest continues to pay a leading price,” commented Chris Thomson, Group Procurement Director at Dairy Crest.
“We were pleased to be able to hold our milk price in January, but the softening market means that this reduction is now necessary. We remain committed, as ever, to supporting our farmers and paying them a fair price for the high quality milk they supply to us.”
DCD Chairman, Steve Bone, said:
“We are disappointed with this price reduction, but we do recognise markets have moved down. We will continue to work with Dairy Crest on behalf of our members to limit the impact of the current market situation on core milk price.”
* Manufacturing standard litre milk prices as published in milkprices.com
For further information please contact:
Chris Thomson - Group Procurement Director
Notes to Editors
About Dairy Crest
Dairy Crest is the leading British-owned dairy company. Our main consumer brands are Cathedral City, Clover, Country Life and Frylight. We work with some 350 farmers in the South West.
Dairy Crest has invested significantly at its Davidstow creamery and is now manufacturing demineralised whey powder and galacto-oligosaccharide (GOS), a lactose-based prebiotic, both widely used in infant formula.