First Milk August milk price to increase by 0.7ppl
First Milk has today announced that from August 1, 2024, its member milk price will increase by 0.7ppl to 41.0ppl for its manufacturing standard litre, including the member premium.
Commenting on the announcement, Mike Smith, Vice Chairman and Farmer Director, said:
“There has been recent positive momentum in global dairy market prices driven by sentiment, which now appears to have stabilised. Many of our members continue to face challenging on-farm conditions, with unpredictable weather continuing to impact forage availability both now and potentially for the upcoming winter. As a result, we are pleased to announce this increase to our milk price at this time.”