Breaking News on Dairy Processing & Markets

News > Manufacturers

News in brief

First Milk drops prices again

Post a comment

By Jenny Eagle+

Last updated on 05-Aug-2014 at 11:17 GMT

First Milk
First Milk

First Milk has made further price cuts based on what it claims are falling commodity prices and continued decline in UK market returns.

From September the company will drop the price it pays for manufacturing milk by 0.5 pence per litre to 29.1ppl, and the price it pays for liquid milk by 0.65ppl to 28.1ppl.

It already made cuts of 1.75ppl in manufacturing milk and 1.25ppl in liquid milk this month.

Unfortunately at this stage there is no sign of a turnaround,” said Sir Jim Paice, chairman, First Milk.

The announcement is the latest in a string of price reductions across the industry, with Arla Foods Amba dropping its global farmgate milk price for co-op members by €1.25 cents a kilogram.

It equates to a 0.94p reduction in Arla’s UK standard litre price, taking it to 31.58p.

Dairy Crest said it was reducing its farmgate price for standard liquid and Davidstow cheese contracts by 1.1ppl from September.

The price for Dairy Crest liquid milk will be reduced from 31.2ppl to 30.1ppl, while the price for the 400 farmers on Davidstow contracts will drop from 33.2ppl to 32.1ppl.

Müller also dropped its standard milk price by 1.2ppl from August 3 to 30.8ppl.

Subscribe to our FREE newsletter

Get FREE access to authoritative breaking news, videos, podcasts, webinars and white papers. SUBSCRIBE

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Key Industry Events


Access all events listing

Our events, Events from partners...