Wyke Farms (Cheese) & Lidl announce 28ppl 3 year fixed price option
Posted on: 02/12/19
Wyke Farm suppliers now have the option to fix a minimum of 10% up to a maximum of 50% of their milk output for 3 years starting from the 1st of January 2020 to 31st December 2022 at 28ppl.
It’s another Lidl fixed price deal to come to market this time targeted at Wyke producers, As Wyke Farms Andrew Gaskell commented “It is a ground breaking offer in the UK cheese Industry”
In the event the offer is oversubscribed over and above the initial 30 million litres required then scale back is likely to be applied and in the unlikely event the full allocation is not taken famers at the 50% level might be able to increase their commitment above the 50% threshold.
All producers who opt to fix at 28ppl are guaranteed a minimum 10% allocation but fix means it’s fixed for all parties.