Arla Foods amba increases its milk price for September
Arla Foods is raising its milk price to owners by one eurocent per kilogramme from 1 September.
When the increase in the on-account price is applied to the UK standard manufacturing litre, the increase equates to an upward movement of 0.81 pence, taking the UK standard litre for conventional milk to 30.79 pence.
Commenting on the decision to increase the price, Arla Foods amba board director, Jonathan Ovens, said: “This is the third consecutive increase in Arla’s milk price which is a result of the continuing strengthening of the markets.
· Manufacturing price based on every other day collection, top quality, one million litres, 4.2% butterfat, 3.4% protein
· Arla Foods is transitioning to a manufacturing schedule only with effect from 1 January 2018, where Arla farmers will be paid on constituents. For ease of comparison, the liquid price is 29.61 pence, based on 4% fat and 3.3% protein.