Arla Foods amba maintains March milk price

Arla Foods amba is holding its on-account price through into March 2015.

Furthermore, the 2015 forecasted 13th payment has increased to 0.78ppl, an increase of 0.1ppl. This increase takes the UK standard litre to 24.97 pence.

Commenting on the price, Ash Amirahmadi, head of milk and member services at Arla Foods UK, said:”The GDT auction has continued to follow a firm upward trend and this could have a knock-on effect on other markets over the coming months.

“Although global supply and demand so far this year is more in balance, it is too early to predict whether this trend will continue in a sustainable way.One of the key factors influencing this is the level of EU milk production post April, following the abolition of quotas.”

ENDS

Arla Foods is a global dairy company and co-operative owned by 13,500 dairy farmers circa 3,000 of whom are British.

Dating back to 1881, Arla’s purpose is to secure the highest value for its farmers’ milk, while creating opportunities for their growth. With production facilities in 11 countries and sales offices in a further 30, Arla is the world’s sixth largest dairy company and largest supplier of organic dairy products. Arla has a total of more than 18,000 colleagues and its products are sold under the well-known brands Arla®, Lurpak® and Castello® in more than 100 countries.

Arla Foods UK is the largest dairy company in the country and is home to leading dairy brands Anchor, Cravendale, and Lactofree. It has a turnover of £2.3 billion. As well as being number one in fresh liquid milk, butter, spreads and cream, Arla is the UK’s largest cheese manufacturer. It has also built the world’s largest fresh milk facility located at Aylesbury and has plans for it to be the first zero carbon site of its kind. The UK business has a team of approximately 4,000 colleagues located at its dairies, distribution centres and head office.