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Guernsey farmers warn of potential milk price increases as diesel costs surge
Überblick
Guernsey farmers have warned that soaring diesel costs could force an increase in local milk prices as negotiations for the 2027 pricing approach. Michael Bray, President of the Guernsey Farmers Association, stated that the price of red diesel has nearly doubled from 63p to £1.11 per litre since the beginning of 2026. Meanwhile, politicians are debating proposed fuel duty changes and freezes in the 2027 budget to address rising fuel expenses.
Wichtige Punkte
- Guernsey farmers warn that rising diesel costs may lead to higher local milk prices ahead of 2027 price negotiations.
- The cost of red diesel for farms has increased from 63p to £1.11 per litre since the start of 2026.
- Guernsey's aggregate supplier, Ronez, has introduced a fuel surcharge and is absorbing some costs due to diesel price hikes.
- Politicians are debating amendments for the 2027 budget to freeze or reduce fuel duty rises.
- Wholesale milk prices previously increased by 3.3% on 4 January 2026 in line with inflation.