Auto Trader Ltd
Farminguk
26 September 2016 | Online since 2003
OvoConcept


7 January 2014 14:16:01 |Cattle,Dairy,Finance,News

Sainsbury's reviews price paid to British dairy farmers


Sainsbury’s has set a new price paid to its British dairy farmers through the sustainable Cost of Production (COP) model.
Due to the cost decrease of fertiliser and feed, from 1st January 2014, the standard price is 33.72 pence per litre (ppl).
One of the unique elements of the COP is the quarterly review of the key input costs – feed, fuel and fertiliser –the recent drop in fertiliser and feed costs means the price paid to farmers has been adjusted by 0.43ppl. The new price of 33.72ppl has been set for dairy Farmers who are part of Sainsbury’s Dairy Development Group (SDDG).
The price is paid through a model which is designed to reward SDDG farmers for outstanding animal welfare and environmental standards, while being sustainable for the whole supply chain.
This ensures that the most volatile elements of costs are reviewed every quarter and the COP milk price changes to reflect these varying costs, in turn ensuring a fair and sustainable deal for all involved.

Download

0 Comment

loginuserlogo
Name

Please enter your name


Email

Please enter your email

Please enter valid email


Comment

Please enter your comment


Post Comment

Your comment has been submitted successfully. Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


New Zealand | 26 September 2016
Foreign investment in food raises fears over loss of control

Silver Fern Farms' controversial $260 million deal with Shanghai Maling received the final tick of approval from the government last week, based on its belief the purchase would be a substantial benef...


Denmark | 26 September 2016
Denmark and Malaysia signs agriculture deal

On 22 September Minister for Agriculture & Agro-based Industries, Dato’ Sri Ahmad Shabery Cheek and his Danish counterpart, Minister Esben Lunde Larsen, finally signed the Memorandum of Understanding ...


USA | 26 September 2016
California farmers drilling wells as groundwater limits loom

Farmers in central California are drilling more and deeper wells than ever before to pump water for their fruit orchards and sprawling fields following government imposed limits on surface water. T...


New Zealand | 26 September 2016
Fonterra profits jump 65% despite ongoing challenges in dairy markets

Despite ongoing challenges in the dairy market, Fonterra, the New Zealand-based co-op, has posted a 65% increase in profits for the 2015/2016 financial year. The co-op has seen net profits increase...


Romania | 26 September 2016
Romania may suspend farmland purchases by foreigners for three years

Romania may suspend farmland purchases by foreign individuals and companies for a period of three years if a draft law currently debated in the Parliament is approved. The new bill aims to set stri...



Trending Now

Viewed
Discussed


Top stories you may have missed
FarmingUK
FarmingUK Logo

FarmingUK

Labour will end the badger cull and prioritise ending bovine TB, Shadow Def...


FarmingUK
FarmingUK Logo

FarmingUK

A herd of rare White Park cattle could die out if its owners do not urgentl...


FarmingUK
FarmingUK Logo

FarmingUK

The UK government is "failing" to support farmers in the long-term accordin...


FarmingUK
FarmingUK Logo

FarmingUK

Retailer Co-op has announced that from May 2017 all of its bacon and lamb w...


FarmingUK
FarmingUK Logo

FarmingUK

Over 50 wildlife organisations have compiled a stock-take of all the UK's n...


FarmingUK
FarmingUK Logo

FarmingUK

In the run up to the EU farm ministers meeting the agricultural sector have...


FarmingUK
FarmingUK Logo

FarmingUK

The RPA must iron out a number of problems that still exist with 2015 BPS p...


FarmingUK
FarmingUK Logo

FarmingUK

Tourism businesses in the countryside are being held back due to the uncert...


FarmingUK
FarmingUK Logo

FarmingUK

A 24 point action plan aimed at revitalising Scotland's sheep sector after ...


FarmingUK
FarmingUK Logo

FarmingUK

A new survey has revealed that the vast majority of British consumers belie...


closeicon
Username
Password