Arla ups milk price 0.5ppl
Arla Foods UK has increased the milk price it pays to its supply partnership (AFMP) members by 0.5ppl.
The price rise applies from June 1 and takes the producer price to 26ppl.
Deputy chief executive of Arla Foods UK, Hanne Sondergaard said the increase came despite the fall in milk commodity prices and followed good progress in price negotiations."The 0.5ppl increase reflects our commitment and that of our customers to improve our price within a very competitive marketplace," she said.
AFMP chairman, Jonathan Ovens, adds said he believed the additional 0.5ppl offered an important boost to members at a time when on-farm costs continued to rise.
"Arla Foods recognises that there is volatility in the marketplace and has agreed to continue to monitor developments, and on-farm costs, to ensure that its current milk price reflects market conditions," he said.
The price rise applies from June 1 and takes the producer price to 26ppl.
Deputy chief executive of Arla Foods UK, Hanne Sondergaard said the increase came despite the fall in milk commodity prices and followed good progress in price negotiations."The 0.5ppl increase reflects our commitment and that of our customers to improve our price within a very competitive marketplace," she said.
AFMP chairman, Jonathan Ovens, adds said he believed the additional 0.5ppl offered an important boost to members at a time when on-farm costs continued to rise.
"Arla Foods recognises that there is volatility in the marketplace and has agreed to continue to monitor developments, and on-farm costs, to ensure that its current milk price reflects market conditions," he said.
