September 26, 2008

Dairy Milks Customers With Price Rises

ONE of the UK's leading dairies has had to raise prices to offset rising costs.

Robert Wiseman Dairies said weakening bulk cream prices, a delay in implementing a price increase, rising oil-related costs and substantial increases in utility costs had pushed up its overheads.

As a result, the company has notified customers of an across-the- board increase in selling prices to recoup these higher costs and to allow a further rise in milk price to raw milk suppliers.

The report said: "We are confident this increase will be achieved and a significant improvement in the second-half performance is anticipated."

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