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Latest on milk prices

17th August 2015 @ 6:06am – by Webteam
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Following reports over recent weeks on AudlemOnline about milk prices, so vital to our local dairy farmers, we bring you the latest news.

The National Farmers Union (NFU) and government ministers will hold talks in London later over the future of British dairy farming.

The NFU has claimed the industry is in a "state of crisis" and called for government action.
After protests, four supermarkets have agreed to pay farmers a minimum per litre for milk sold in UK stores.

As reported last week, Aldi, Lidl and Asda have said they will pay 28p per litre. Morrisons will pay 26p per litre from later this month.

The industry estimates the average cost of production at 30p per litre – the price Tesco and Sainsbury's pay.

Farmers say a reduction in global demand for milk has led to an over-supply in the UK, creating difficult conditions for many farmers.


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