Milk price for July 2023 will remain unchanged for conventional and organic milk
From 1st July 2023, the Arla on-account price for conventional and organic milk will remain unchanged. However, the quarterly currency exchange rate adjustment negatively impacts the on-account price by 0.09ppl.
This means the UK manufacturing price for conventional and organic milk will be 35.12ppl and 40.79ppl respectively.
Arla Foods amba board director, and Arla farmer, Arthur Fearnall, said: “While global milk supplies continue to increase, retail sales are slowly picking up as consumer purchasing power increases due to inflation softening and wage increases kicking-in. There has been some positive trends in the markets recently but we can’t be certain that this trend will continue. Therefore, the outlook is stable particularly because there is uncertainty over future purchasing behaviour.”
Paul Savage, Agriculture Director for Arla UK continues: “After a period of negativity, it is welcoming to see commodity markets recover. With the outlook also stabilising, as a farmer owned cooperative we are firmly focused on building on our already strong customer relationships to add more value to our farmer owners milk.”
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 33.74ppl for conventional milk and 39.19ppl 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.