Price Of Maltese Milk Will Increase By Roughly 9c As Of Next Week
As of next week, the price of Benna’s milk is set for an increase in a bid to address growing costs and issues surrounding the sustainability of the sector.
On average the price of milk at Benna is set to jump up by 9c, with the largest increases being in the price of whole milk (10c) and the price of 2.5% fat milk (11c).
In a statement, Benna said that the change in price is needed to sustain the livelihood of dairy farmers, which will allow them to grow more forage on 39.3% of arable land in Malta and 68.8% of arable land in Gozo.
“[This] ensures that the best quality product continues to reach the consumer,” they said.
“[Benna] is confident that customers will understand the importance of sustaining the local dairy and agricultural sectors,” they said.
The price adjustment is limited to the general rise in food prices as according to Eurostat. Prior to the increase, Benna did not change its prices for seven consecutive years.
The dairy company will also undergo a modernisation programme to ensure the “environmental and economic sustainability of the sector”.
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