Arla Foods amba holds its milk price for December

Arla’s price for conventional milk will remain unchanged in December at 32.30 pence for the conventional manufacturing litre.

Commenting on the reason behind the decision to hold the price for December, Johnnie Russell, Arla Foods amba board director, said: “Commodity market prices have continued to fall over recent weeks, in particular European yellow cheese markets.

“Skimmed milk powder continues to trade at below intervention prices although there is some short-term stability in the run up to Christmas.”

• 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 31.05 pence, based on 4% fat and 3.3% protein.

Source: MilkPrices.com