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Noble Foods increases farmgate egg price

a hen on a farm

NOBLE FOODS has given a 6p/doz increase to all its free-range and organic producers from 8 October.

The egg packer said the price rise would cover every egg contract it offered and be applicable to all Class A Eggs.

See also: Pullet placings drop to 2013 levels

Noble Foods’ milling business has also said it would not pass on inflationary costs onto producers on pre-agreed Noble Foods scheme or feed link arrangements.

The production of poultry feed is an energy-intensive process, and the cost of milling feed has risen significantly this year.

Graham Atkinson, agriculture director at Noble Foods, said: “Our producers are facing turbulent cost pressures, many of which are a knock-on effect from global events.

Inflation

“But the resulting inflation issue cannot be ignored. The support and attention must be with our producers, which is why this price increase is so necessary.

“Because we operate long-lasting feed deals across our base, this increase reflects non-feed related inflation elements. I hope it demonstrates our long-term intent to put our producers first.”

BFREPA chief executive, Robert Gooch, added: “It’s great to see Noble recognise the pressure that producers are under and improve the financial sustainability of their producer base.

“The combination of the price increase and their bespoke pricing models is helping to stabilise the market to the benefit of the whole supply chain.”