Organic Herd Sets Milk Price Record at 54p per Litre Amid Surging Demand
Source: The DairyNews
Organic Herd, a farmer-owned cooperative, has announced a notable increase in its milk price for August, with rates set to rise by 3 pence per litre to 54p per litre, effective from August 1.
This adjustment positions the cooperative’s pricing approximately 14p per litre higher than current rates for conventional milk, marking it as the highest announced price for the upcoming month by any processor or cooperative.
Martyn Anthony, CEO of Organic Herd, highlighted the strengthening demand for organic dairy products against a backdrop of relatively limited supply. “The growing consumer interest in organic dairy is tied to increasing consumer confidence, which seems to be recovering as the impacts of the cost of living crisis, especially food price inflation, begin to subside,” Anthony explained.
According to Anthony, consumers are increasingly valuing not just the price but also the production values of their purchases, showing a preference for sustainably produced goods. With the positive market dynamics, Anthony remains optimistic about the future prospects for the organic dairy sector and anticipates further increases in farmgate milk prices.
To capitalize on this burgeoning demand, both domestically and internationally, Organic Herd is actively seeking new farmer members. "The market signals are clear: demand for high-quality British organic milk and dairy products is expected to continue growing, while production may remain limited," Anthony stated.
Martyn Anthony, CEO of Organic Herd, highlighted the strengthening demand for organic dairy products against a backdrop of relatively limited supply. “The growing consumer interest in organic dairy is tied to increasing consumer confidence, which seems to be recovering as the impacts of the cost of living crisis, especially food price inflation, begin to subside,” Anthony explained.
According to Anthony, consumers are increasingly valuing not just the price but also the production values of their purchases, showing a preference for sustainably produced goods. With the positive market dynamics, Anthony remains optimistic about the future prospects for the organic dairy sector and anticipates further increases in farmgate milk prices.
To capitalize on this burgeoning demand, both domestically and internationally, Organic Herd is actively seeking new farmer members. "The market signals are clear: demand for high-quality British organic milk and dairy products is expected to continue growing, while production may remain limited," Anthony stated.
