Arla has today (Friday Sep 23) announced the UK standard litre will increase by 1.6ppl to 21.65ppl from October 1. This follows an increase of 1ppl in September.
This rise includes a positive currency impact as a result of the new quarter’s average exchange rate being introduced to the pricing mechanism.
Meanwhile, First Milk has announced a 2ppl milk price increase for October. The increase consists of
- Market movement increase of 1ppl for all non-aligned pools
- An additional Business Performance Supplement of 1ppl
NFU dairy board chairman Michael Oakes said: “Today we’ve heard positive milk price announcements by Arla and First Milk for October. They’re a move in the right direction but clearly prices are still nowhere near sustainable and have a long way to go to compensate for the tough two years farmers have endured.
“We’re still hearing that certain milk buyers are accusing others for the lack of movement in their own milk price and this blame-game needs to stop.
“Dairy market signals are pointing skywards and we now need to see all milk buyers start paying fair, sustainable milk prices to their suppliers – prices that truly reflect the situation in the market.”