MULLER, the biggest producer of branded and private label fresh milk in the UK, has unveiled a series of new measures which it claims will help supplying farmers to build their dairy business for the future.
The Bavaria-based multinational, which snapped up Wiseman in 2012, has confirmed a £100m investment in its UK network of dairies with the goal of building an additional £700m worth of sales of dairy products made with British milk by 2020.
Muller has also confirmed a 1.31ppl increase in its farm gate milk price which comes into effect this month, taking a standard litre to 29ppl. The dairy giant has also introduced a contract option that gives dairy farmers the opportunity to agree a monthly price for up to 25% of their milk volume 12 months in advance.
Rob Hutchison, agriculture director at Muller said: “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.”