Rising costs lead to an increase in the wholesale price of milk

In the light of on-going inflationary pressures affecting a wide range of costs in the industry, Jersey Dairy is announcing an increase in the wholesale price milk by 4p (circa 2.8%) per litre, effective from Monday 13th January 2025.

Managing Director, Eamon Fenlon said: “We have worked extremely hard to find efficiencies wherever we can throughout the year at Jersey Dairy, as have our farmers on their farms, but like all other businesses, we have continued to experience increased costs over the last year.”

“We are facing increases in payroll, packaging, utility and freight costs for 2025 which are increasing our operational costs”.

“Also, an independent analysis of profitability of our dairy farms highlighted that an increase in the price Jersey Dairy paid to our dairy farmers for milk supplied to Jersey Dairy was required to enable the on-going levels of investment to ensure a sustainable commercial future.”

“Sustainability of our farms is paramount to ensure an on-going supply of fresh milk and the future of our iconic Jersey cow in its Island home. In addition to their environmental stewardship of our beautiful countryside, our farmers make a significant contribution to local food security with the wide range of products produced from the milk they supply to Jersey Dairy,” said Mr Fenlon.

“In accordance with the provisions of the Milk Marketing Scheme (Approval) (Jersey) Act 1954, Jersey Dairy sought the opinion of the Minister regarding this milk price increase, as we are obliged to do, and we have his support for this price increase.”

“We are very mindful of the cost-of-living challenges faced by many of our customers and have kept this increase to a minimum and we hope they understand why we must implement this price increase” concluded Mr Fenlon.