Dairy industry bosses have warned that the price of milk and butter could rise by 50% in another blow to people's pockets during the current cost of living crisis.
Rising production costs, long-term inflation increases, and the ongoing war between Ukraine and Russia have resulted in a price hike on farming essentials.
Farmers are now paying more for fertiliser, fuel and animal feed, and as a result, there are fears that a surge in milk prices will be implemented to cover spiralling production costs.
According to dairy farmer adviser Kite Consulting, the price increase means that four pints of milk could rise from £1.15 to between £1.60 and £1.70.
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