date:Jun 22, 2012
st Milk chairman Bill Mustoe.
It was with great regret that for the first time on my watch we had to reduce our milk prices recently. Right now the global demand for dairy has been hit by come short term over-supply. However the market will recover as supply and demand move back into balance, and returns will be strong in the long-term.
The firm also increased the milk prices it pays to its farmers during the years.
Farmers in it liquid pool saw the price paid to them increase by 2.9 pence pe