1ppl total price increase for Crediton Dairy suppliers

Crediton Dairy has introduced a 13^th payment from April 1^st this year with what is understood to be the first 13^th payment for a privately owned UK Dairy processor as opposed to a Co-op.

 

The 0.5ppl flat rate payment will be paid in January 2022 on all litres delivered in the 9 month period 1^st April to 31^st December 2021 unless the farmer is under notice to leave Crediton to supply another milk purchaser. That’s highly unlikely and in such an instance as well as leaving the 0.5ppl bonus we suggest a visit to a therapist would be appropriate.

Note producers who genuinely cease dairy farming will receive the 13^th payment.

 

Going forward the 13^th payment will be based on a calendar years loyally paid in the next January post the year end, and will be calculated annually based on the performance of the business,

 

In addition, Crediton has announced a 0.5ppl milk price increase from 1^st of May which combined with the 13^th payment increases the www.milkprices.com liquid standard litre price for May 1^st to a champions league liquid price of 29.5ppl for an independent.