27 April 2015 | Online since 2003



30 June 2012|Dairy,News

Wiseman confirms milk price reduction


Robert Wiseman Dairies has given its dairy farmer suppliers a month’s notice of a 1.7 pence per litre (ppl) reduction in the farm-gate milk price, to take effect from August 1, 2012.

The decision follows a collapse in the value of the cream in each litre of farm-gate milk over the last 12 months. From its peak, the commodity fell in value by the milk price equivalent of more than 5ppl. (source DairyCo Datum)

Wiseman had hoped that the need for further adjustment to its milk price following a 2ppl reduction which took effect in June could be negated by a sustained and significant rally of commodity market values.

But whilst markets have improved from the lows of recent weeks, they remain at levels not seen since early 2010, when the average DEFRA milk price in the UK was 24.19ppl. Wiseman’s standard litre price from August will be 24.73ppl.

Pete Nicholson, Milk Procurement Director at Robert Wiseman Dairies said: “We know that this news will come as a major disappointment to Wiseman Milk Group members.


“We have done everything we can to minimise the reduction in our farm gate milk price but we must now reflect the substantially lower returns from the markets which we serve.”

Roddy Catto, Acting Chairman of the Wiseman Milk Partnership said: "Many WMG members are still coming to terms with the 2ppl cut in June and to be faced with a further 1.7ppl cut will be devastating. The Wiseman Partnership Board put forward a very strong and justifiable case to keep the milk price as is. We have been unable to change the company position and as such we certainly do not give this move our approval. We will however continue to work with the Company to build a recovery back to milk prices that reflects a more sustainable position for our members at the earliest opportunity."


Download




Comments


30-06-2012 18:44 PM | Posted by: Roger
Wiseman with all their fancy trucks thinks it's acceptable to pay dairy farmers less than the price of production. I wonder how long they would find it acceptable to sell the milk on at less than their handling.

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


15 April 2015
Tractor Driver Norfolk Ref 308
Due to sudden illness, we seek an experienced, competent and tractor driver for a 4000 acre arable enterprise growing wheat, ...

24 April 2015
Lecturer in Agriculture
Qualified to Degree lever or above in in a related subject coupled with experience of working within the UK agriculture or co...

16 April 2015
Front End Cell Leader
To be responsible for the correct receiving, mixing and supply of chemicals to the production lines from the Tank Farm in acc...

10 April 2015
Production Operatives - Packing
Production, Operative, Packer, Packing, Food, Dairy. Production Operatives - Packing - Temporary - Market Drayton - £6.50 to ...

15 April 2015
LGV1 in Perth
The roles will include collections from farms in the Perthshire, Angus and the north east of soft fruits. Pertemps Driving Di...



Top stories you may have missed
10 April 2015 | Agri Safety

The permanent eradication of Bovine Viral Diarrhoea [BVD] in Scottish cattl...


10 April 2015 | Dairy

The abolition of milk quotas in Europe on 1st April has resulted in a numbe...


10 April 2015 | Cattle

The top 14 milk producing countries in Europe will increase their productio...


10 April 2015 | News

Matt Ware is the NFU's head of government and parliamentary affairs, based ...


10 April 2015 | Arable

There is a 'desperate need' to improve farmgate returns given low incomes a...


9 April 2015 | Arable

Rapid stem extension, after a slow start to spring, is likely to create spl...


9 April 2015 | Finance

The time has come for landlords to expect to see reductions in farm rents, ...


8 April 2015 | Cattle

Cogent’s reputation as a source of the highest calibre sires has been enhan...


8 April 2015 | Arable

The spread of exotic and aggressive strains of a plant fungus is presenting...


7 April 2015 | Animal Health

The FSA’s new Food Crime Unit wants the industry to share information, some...