Meadow Foods, the UK’s largest independent dairy and leading supplier of milk based dairy ingredients to the food industry, has announced some positive news for its producers as it will be holding its milk price for March 2016 at 19ppl. This announcement comes during a week where several dairy companies have announced substantial price drops some as low as 16ppl.
Simon Chantler, executive chairman at Meadow Foods, comments: “The UK milk market remains under relentless downward pressure and so we are pleased to have been able to hold our price in a falling market, as we fully realize the pressure our producers are under.”
“The outlook remains immensely challenging for all with increased Spring volumes already being factored into an already over supplied market that is suffering from low levels of demand. “
Meadow Foods currently handles more than 525 million litres of milk each year direct from over 550 farmer suppliers from across the North of England, Midlands and North & West Wales. The company, founded in 1992, operates from factories in Chester, Peterborough and Holme-on-Spalding Moor and now employs more than 275 people.
