Business

Dale Farm offers dairy farmers three year fixed milk price contract option

DALE Farm has launched a fixed milk price contract option to its milk producers, due to commence on January 1.

Farmers supplying milk to the Belfast-based dairy cooperative are being given the opportunity to sign up to a voluntary three-year contract to supply an agreed fixed amount of milk per month at a base price of 26p per litre (April to September) and 29p per litre (October to March).

Milk supplied on the contract will be eligible for quality payments for SCC, Bactocount, protein and butterfat as per the standard quality payments of Dale Farm milk quality payments.

Dale Farm's group commercial director Stephen Cameron said: “We're pleased to offer this fixed price contract option to dairy farmers, giving them a choice on how to manage their business.

“A contract such as this can offer protection from volatile dairy markets, offering a guaranteed price for the next three years. Opting into the contract by the deadline of Friday November 20 is a decision farmers must make based on their own circumstances.”