The Guernsey Dairy will charge wholesalers 6% more in the early New Year.
The 6.3% increase will come into effect on 6 January 2024.
It will be charged to wholesalers, who buy milk from the Dairy and supply it to shops and homes.
It is the wholesalers decision whether to pass on the increase, but in practice this is generally what happens.
Island FM understands that once the price hikes have been introduced, Guernsey will have the most expensive milk per litre in Europe.
A litre of Guernsey milk currently costs around £1.72.
The Dairy says the price rise will help offset its increased costs, brought about by Brexit, political instability and supply chain issues.
It means milk will edge ever closer to the £2 a litre mark.
The Dairy last increased its wholesale price in March 2023.
A 3D map of the battleship Bismarck is created by a Guernsey-based company
Timeline established for government to buy Sark Electricity
Channel Islands Air Search aircraft returns to service
New support group for Guernsey mums returning to work
Deputy breached confidentiality terms of Guernsey Police complaints review
Deputy wants research into the legalisation of cannabis in Guernsey
Aurora Borealis: Islands treated to Northern Lights show
Guernsey's airline braced for competition into London
