Tesco Announces Winter Milk Price Deal with Processors

“In dairy this means contracts that allow farmers to plan for the future and lock in a milk price reflective of the cost of production”.

It said producers were victims of worldwide politics some out of business, with much of the problem caused by Russian export restrictions, which have affected the European Union pigmeat, dairy, fruit and vegetable and beef markets.

According to the Agriculture and Horticulture Development Board, the average price of milk in the European market has significantly dropped in the a year ago from $1.68 per gallon to $1.26, which fails to cover production costs, pushing many dairy producers into bankruptcy. “The EU Commission, Ministers, MEPs must act”.

All additional funds generated will be paid back to farmers through Morrisons suppliers starting in October, while the retailer will increase the amount of own-label Cheddar made in the United Kingdom to 99% in order to “further support the industry”.

The NFU will coordinate England’s part in the demonstration.

And on Monday NFU President Meurig Raymond will tell a UK Ministerial Delegation why action is needed quickly.

Rebecca Evans, Wales’ deputy food and farming minister, will be amongst the United Kingdom ministers represented at the meeting alongside United Kingdom environment secretary Liz Truss. An FFA spokesperson said that the meeting was only able to come about due to the protest carried out by farmers on 16 August at Tesco stores in Avonmouth and Widnes.

Yorkshire members of the National Farmers’ Union will be among a contingent from Britain joining thousands of their European counterparts to protest in the home of the European Union on Monday.

NFU dairy board vice chairman Michael Oakes said: “We are pleased that Tesco has recognised the challenging time the dairy industry is now facing”.

“But we are not alone, and these are problems faced by fellow farmers in the United Kingdom and across Europe”.

“On Monday, we will discuss those actions with our politicians in Brussels and London”.

“We are calling on the governments across the United Kingdom to work with the EC to implement 10 key measures to enable our farmers to better withstand market volatility”.