Muller announces further cuts to milk prices
Dairy processing giant Muller has announced further cuts to the price it pays farmers for milk.
Muller UK & Ireland have revealed it will offer a milk price to farmer suppliers of 22.35pence per litre from September 7 – a drop of 0.8 ppl.
Martin Armstrong, head of milk supply for Müller UK & Ireland said: "We are seeing a significant imbalance between supply and demand in the UK and globally and this is weighing heavily on the value of the milk produced by farmers.
"We are not in a position to avoid the impact of these powerful and cyclical market fundamentals but we are continuing to invest heavily to create a diverse dairy business in the UK and to work collaboratively with our farmer board to align supply with demand.
"We remain focused on adding value and innovation so that we can pay a premium over the commodity market value of farm-gate milk."
The news comes after months of protests from farmers who have emptied shelves at supermarkets across Shropshire and protested outside procession plants including Muller, based in Market Drayton.
