A RECORD level milk price has been confirmed by Meadow Foods following its latest increase.
The company will see its price rise by 4.5 pence per litre from May 1, taking its standard litre milk price to 41ppl.
The equates to a manufacturing litre of 41.625ppl.
Jim Bebb, supply chain director at Meadow Foods, said: “This is a significant increase and one that we hope will help support our producers as they continue to face huge inflationary costs on farm.
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"This increase as been made possible by both the improved prices we have been able to achieve for our quality dairy ingredients and continued positivity in the market.
“This latest move means we have increased our milk price by 8ppl since January this year and we are committed to passing back any further increases as soon as we are able.
"e continue to work closely with our customers to ensure they fully recognise the pressure producers face and the impact these will have on milk supply in the months ahead.
"This move also shows a new positive intent from Meadow Foods.”
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