Price of milk could rise
The price of a pint of a milk could rise, dairy giant Robert Wiseman warned today. The price of a pint of a milk could rise, dairy giant Robert Wiseman warned today. The company – which employs hundreds of people across the Midlands and delivers more than 30 per cent of the fresh milk in Britain – said it would have to claw back increases in its production costs. Bosses said that the costs of diesel and resin used to produce plastic bottles had both increased by 15 per cent. They warned the only way to cover increases was by putting up the cost.
The price of a pint of a milk could rise, dairy giant Robert Wiseman warned today.
The company – which employs hundreds of people across the Midlands and delivers more than 30 per cent of the fresh milk in Britain – said it would have to claw back increases in its production costs.
Bosses said that the costs of diesel and resin used to produce plastic bottles had both increased by 15 per cent. They warned the only way to cover increases was by putting up the cost.
"Both these costs remain higher than the levels being incurred when we last sought recovery of our increased costs from customers earlier in the year," the company said.
The company is also paying more to its suppliers because of the continued strength of dairy-related commodity markets and higher on-farm costs.
In an update the company said trading was in line with expectations.
