Cabinet approves milk price hikes

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BANGKOK, 25 November 2014 – The Cabinet has agreed to increase the buying price of cow’s milk from 18 baht to 19 baht and the median price of school milk by 0.21 baht/carton. The price increase of school milk will be effective in the second semester of 2014.

Deputy Government Spokesman Maj.Gen. Sansern Kaeokamnerd said the Cabinet on Tuesday approved the request for cow’s milk and school milk price increases made by the Ministry of Agriculture and Cooperatives. The price hike for cow’s milk will be effective on the day the Ministry of Commerce allows commercial milk producers to increase dairy product prices in the market.

As for the price increase of school milk, pasteurized milk will be increased from 6.37 baht/carton to 6.58 baht/carton, UHT from 7.61 baht/carton to 7.82 baht/carton and powdered milk from 7.51 baht/bag to 7.72 baht/bag.