A ROUND of milk price cuts, triggered by Wiseman Dairies' announcement on Friday that it is to reduce the price it pays its producers by 1.7p per litre (ppl) from August 1, gathered pace yesterday with Dairy Crest and Arla following suit.
Dairy Crest, the milk processor that led the last round of price cuts with a 2ppl reduction in May, was the first to announce further cuts yesterday.
The company, which operates south of the Border, announced it is to cut the price it pays for a standard litre by 1.65ppl from the beginning of August – taking producer returns down to 24.92ppl.
Please enable cookies in your browser to display the rest of this article.