Arla Foods amba increases May milk price
The Arla Foods on-account price for conventional and organic milk will increase by 1.5 euro cents per kilo from May 2021.
This means that when applied to the standard manufacturing litre Arla’s conventional milk price will increase to 32.79 pence and organic milk increase to 41.15 pence per litre for Arla’s farmer owners.
Arla Foods amba board director, and farmer owner, Arthur Fearnall, said: “ This will be welcome news for our farmer owners who are becoming increasingly pressured by rising on farm costs. Commodity market prices have remained relative stable in the last month supported by healthy demand and our strong operations. The current outlook is stable.”
Alice Swift, UK Agriculture director at Arla continues: “Ensuring the most value for our farmer owners for the milk they produce is crucial and continues to be our priority. The increase is testament to a strong business strategy, as well as the continued commitment of our farmer owners to industry leading animal welfare standards and working together across the cooperative to lead the way in sustainable dairy.”
Notes to editors
- Arla farmers are paid on constituents via a manufacturing schedule. For ease of comparison, the liquid price is 31.55 pence per litre based on 4% fat and 3.3% protein.
- Manufacturing price based on every other day collection, top quality, one million litres,4.2% butterfat, 3.4% protein.