Jersey Dairy is increasing the cost of its milk by 6p per litre this morning.
The increase will be shared equally between farmers and the dairy to cover their respective cost increases.
In a press release announcing the increase, Jersey Dairy said milk prices hadn't changed since May 2017.
"Since then there have been significant increases in costs to both Jersey Dairy and its producers and whilst Jersey Dairy and its producers have recovered a large proportion of these cost increases through efficiency improvements and export markets it is now necessary to recover some of these costs through a price increase in the local market," the dairy producer explained.
Pictured: Jersey Dairy says this is the fifth increase in the last 18 years.
This increased is the fifth in the last 18 years, which Jersey Dairy says represents less than one third of the 68% increase in the Retail Price Index (RPI) over the same period.
The new price will also applies to the products Jersey Dairy exports out of the island.
"Our farmers have and continue to invest and develop their farms so our consumers can be reassured that their milk is from a source that is environmentally sustainable," Jersey Dairy said.
"In addition, our unique Jersey Cows are looked after to superior animal welfare standards with regular access to fresh grass in the Spring and Summer along with high levels of comfort when housed in the winter months.
"Jersey milk is a natural, nutritious and delicious product and when compared to plant alternatives it has a higher nutritious content and a lower price."
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