Müller is looking to increase confidence and resilience amongst its suppliers as the UK departs the EU. They have confirmed:
From 1st September 2017, a 1.31ppl increase in its farm gate milk price will take effect.
Introduction of a new Müller Direct Futures Contract option, giving dairy farmers the opportunity to agree a monthly price for up to 25% of their milk volume, for 12 months ahead
The launch of Müller Direct, which comprises the 700 of the company’s 1,800 farmer suppliers who aren’t currently part of groups aligned to major supermarket customers.
Müller Agriculture Director Rob Hutchison said:
“There is a lot of uncertainty out there but we are optimistic. Britain remains one of the best places in the world to produce milk and Müller is investing heavily to ensure that consumers will be able to buy more and more dairy products made in Britain with milk from British farmers.
“We want to work with farmers to realise our shared ambitions as the basis of a progressive industry with the security and confidence to invest. The steps we are outlining today are early measures which signal our intent.”