Arla sounds alarm over rise in costs due to rising feed costs
It comes as the dairy co-op reported strong results for 2020 Arla has warned the dairy supply chain will face increased costs in 2021 as tighter global cereals supplies start to impact on feed prices. Speaking last week as the dairy co-op reported strong results for 2020, Arla Foods UK’s finance director Simon Ho cited recent research by Kite Consulting, that suggested shortages could lead to a 6% increase in the cost of production. For British farmers that could amount to additional costs of £285m in 2020. “That volatility isn’t going to go away,” he told The Grocer. However, he...