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Dairy prices going up
Dairy prices going up
A spike in production costs is pushing up the price of milk and dairy products
01.11.2021 - 15:34
The prices of 67 of the 69 dairy products produced by Faroese dairy company MBM will increase on 15 November.
“Our production materials have seen record-high prices in recent months, and this has left us with no choice but to increase the prices of our products,” says MBM CEO Hákun Steingrímsson.
Fertiliser prices have seen the biggest price hike, and this affects the price of other production materials, he adds.
Read the Faroese version of this article here.
More Faroese News in English.
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