Milk price for August 2024 will increase for conventional and organic milk
From 1st August 2024, the Arla on-account price for conventional milk will increase by 0.74 ppl (0.83 €c/kg) for August 2024. The UK organic milk price will increase by 0.74 ppl (0.83 €c/kg).
This means the UK manufacturing price for conventional milk will increase to 42.44ppl and organic milk to 53.31ppl.
Arla Foods amba board director, and Arla farmer, Arthur Fearnall, said: “Global milk supplies continue to be stable while retail sales continue to grow, albeit at a slightly slower pace. Commodity markets are stabilising, having been driven higher by a higher fat price. Overall, the outlook is stable.”
Paul Dover, UK Agricultural Director continues: “This month we have continued to promote our new name for the Arla toolbox driving sustainability on farm, FarmAhead™. This is the overarching name for the full suite of tools and programmes that drives sustainable dairy; including measurements on farm, the incentive that encourages and support improvements, the commercialisation of farmers’ efforts, and the innovation we do into further improvement. By introducing this new package to farmers and to customers, we will deliver further improvements to our climate and nature initiatives and invest in future development of FarmAhead™ Technology.”
Contact Information
Fiona Lane
Notes to editors
- Arla farmers are paid on constituents via a manufacturing schedule. For ease of comparison, the liquid price is 40.72ppl for conventional milk and 51.15ppl for organic milk, 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.