Pensworth Dairy (Liquid) to stand on until 1st May
Posted on: 02/04/20
This maintains their liquid standard litre price at 25ppl for those producers who participate in Pensworth’s new animal welfare standards for others who do not qualify it will be 24.5ppl
Pensworth have written to producers outlining how Covid19 has battered their budgets especially given their customer base amongst others includes 230 hospitals, 1700 care homes as well as 100,000 plus doorstep customers many of whom are elderly and self-isolating.
Pensworth have had to confirm extended payment terms for 30 days at 10-day payment intervals with a 25% part payment to farmers with the remaining 75% to follow once funds are received.
This will run from 30th March until the 30th April and from May 1st Pensworth have confirmed all farmer payments will be made in full. Certainly, the payment delay is significantly more farmer friendly and considerate than the Freshways terms even if it is unwelcome and unpopular. The hold for April milk price is a big thumbs up.