UK – Independent dairy group Meadow Foods has announced that it will not be going through with its 1.87ppl price cut.
National Farmers UnionIts Flagship standard litre price will remain at 26.88ppl for the Chester pool. The Cumbrian standard producer rate will stay at 27.01ppl.
Executive chairman Simon Chantler said: “We will continue negotiations and are determined to further improve the current situation.
“Following what has been a very difficult couple of weeks for all concerned, it remains a critical time for the UK dairy industry as a whole, as we still have to find a solution for the longer term and parts of the market are yet to pass back money for the August cut.
“Let us hope that the moves we have seen in the last few days are a turning point.â€
TheCattleSite News Desk
http://www.thedairysite.com/news/39367/meadow-foods-drops-milk-price-cut