Somerset cheesemaker Wyke Farms has announced it is increasing its milk price to farmers by a further 0.75p per litre from 1 November.
The rise comes after the company increased its price by 0.5ppl in October and will take Wyke’s milk price to 29.25ppl. The new price will apply to about 150 farmers supplying Wyke with milk.
Wyke said it would continue to review its price every month in light of the current challenging market conditions, brought about by bad weather over the summer.
“Managing the winter months will be challenging, with variable silage quality and increasing costs of alternative feeds,” said MD Rich Clothier.
“Milk production will undoubtedly suffer, so we are determined to support our supplying farmers in every way we can.”
Clothier said the dairy industry needed to recognise the current difficult conditions and increase farmgate milk prices to avoid milk supplies being even tighter next year.
“There are farmers that still do not have feed cover for the back end of winter, and if we get a late spring next year our industry could be in crisis,” he warned.