A Cornish dairy is changing its to monthly pricing to get price rises to its farmers faster.

Rodda’s has adapted its milk pricing model to support its farmers, in line with rising UK milk prices.

The new monthly pricing model will deliver price increases faster to its farm suppliers.

This will temporarily replace the quarterly pricing that the business has successfully used over the last five years which has delivered strong, stable and market leading prices to its milk suppliers.

The new monthly scheme has been implemented to help the business support its farmers in a period where the industry is seeing a fast-moving national milk price, as well as many other internal cost pressures.

The new scheme started on May 1, with supplementary payments given to suppliers at the end of each month to increase the milk price.

The business is also currently recruiting new suppliers of Cornish milk to join its milk supply group, after continuing rise in demand for its products over recent years.

Nicholas Rodda, managing director, said: “The dairy industry is facing unprecedented increases in costs and previously unseen volatility in the price of milk.

"We recognise that using our traditional quarterly model in the current climate is causing a lag on updating our milk price accordingly, which is impacting our suppliers.

"We have a long-standing relationship with our farmers and that is why we have taken prompt action to adjust our pricing accordingly.

"We want to provide them with the stability they need to run their business.

"We continue to closely monitor all of the factors that influence the milk price in the coming months.”

The new scheme started on May 1, with supplementary payments given to suppliers at the end of each month to increase the milk price.

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The business is also currently recruiting new suppliers of Cornish milk to join its milk supply group, after continuing rise in demand for its products over recent years.

Paddy O’ Keeffe, the dairy's operations director, said: "We continue to see an increasing demand for our much-loved Rodda’s products, which is why we are currently recruiting for new suppliers into our milk pool.

"We are looking for Cornish farmers that share our family values and welfare standards, that are looking to join our Cornish Milk Supply Group.”

The dairy sources its milk from over 40 farming families in Cornwall.

The business is now looking to support other Cornish farmers, by widening its net beyond 30 miles of the creamery.

Could your milk be the perfect fit to make Rodda’s Cornish Cream? Contact Helen Griffin, Rodda’s direct milk supply manager for more information by emailing helen.griffin@roddas.co.uk or by calling 078134 07934.