Ongoing value stress within the dairy sector has prompted Medina Dairy to boost its milk value by 2p/litre from 1 April.
The worth enhance will take its liquid commonplace litre value to 37.8p/litre.
The processor’s chief government, Sheazad Hussain, stated it was “acutely conscious’’ of the continued on-farm value pressures impacting its milk suppliers.
See additionally: Milk value differentials spotlight liquid market points
“Within the mild of this, we’ve continued to interact with our prospects to safe value will increase from them, with a view to passing these again to our farmers as shortly as we will,’’ stated Mr Hussain.
Medina Dairy is awaiting a ruling of an investigation by the Competitors and Markets Authority (CMA) on whether or not its agreed merger with Freshways Dairy may lead to a considerable lessening of competitors within the milk business.
The 2 firms, each based mostly within the south-east of England, need to create a £400m firm processing 500m litres of milk yearly.
The CMA will announce its resolution on whether or not to refer the merger by 30 March.