1ppl Milk Price increase plus fixed price offer for suppliers to Paynes Dairies (Liquid) – from 1st August

This increase takes producers standard liquid litre milk price to 26ppl with no A and B differential pricing. In addition, Paynes are offering a further fixed priced contract at 26.5ppl for a 12-month period on behalf of a customer.

Last time Paynes offered a fixed price contract it took a beating in British Dairying for being too low at 27.5ppl for 12, 18 or 24 months duration. Well for those who took a slice it has certainly proved to be a sensible move. This offer might not have Paynes farmers queuing up in droves but no-one can predict the future whether 26.5ppl is the right hedge to take.