Arla Foods amba milk price
Arla Foods amba is reducing its owner on-account price by €1.25 cents per kg, with effect from 4 August 2014.
When applied through the pricing mechanism, this reduction equates to an overall 0.94 pence reduction in Arla’s UK standard litre price, taking the standard litre to 31.58 pence. The adjustment is made up of a decrease of 0.98ppl in the on-account price and a 0.04ppl increase in the 13th payment.
Commenting on the reduction, Ash Amirahmadi, Arla UK’s head of milk and member services said: “This milk price reduction is necessary due to a further downward movement in global and European prices, which are affecting the entire industry.”
Arla Foods is a global dairy company and co-operative owned by 12,600 dairy farmers circa 2,800 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 processes 3.5 billion litres of milk a year and has a turnover of £2.2 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.