Muller suppliers set for 1.6p/litre retailer price boost
Retailer supplements will be worth 1.621p/litre in September milk cheques for milk producers supplying Muller Wiseman.
This will apply for the 430 producers who are not aligned to a specific supermarket and relates to milk price commitments made by Lidl and Aldi in August.
Both retailers said that they would pay 28p/litre to processors for all liquid milk sold in their UK stores and that they expected this to be passed back to the farmgate.Â
See also: Retailer milk price pledges – what difference do they make
The September supplement will be shown as a separate item in September milk cheques, due to land in producers’ bank accounts next week. It will mean a total payment of 23.971p/litre for September milk for these producers.
Muller Wiseman was the first to announce what the retailer commitments would mean, paying a 0.595p/litre retail supplement for the final two weeks of August.
The processor’s non-aligned liquid price remains at 22.35p/litre for November.
Muller Wiseman has a total of 1,200 milk suppliers.