Milk price for May 2023 will decrease by 2.65ppl (3.0€c/kg) for conventional and organic milk
From 1st May 2023, the Arla on-account price for conventional and organic milk will decrease by 2.65ppl (3.0 €c/kg).
This means the UK manufacturing price for conventional and organic milk will be 36.99ppl and 41.77ppl respectively.
Arla Foods amba board director, and Arla farmer, Arthur Fearnall, said: “Global milk supplies continue to grow even though farm input costs remain at a high level. The increased supply and reduced consumer demand is adding to the volume of milk in the commodity markets and leading to a downward pressure on price. However, the market is changeable and moving towards stabilisation as markets get closer to balance.”
Paul Savage, Agriculture Director for Arla UK continues: “Increasing milk volumes and a sustained decline in shopper spending continues to put pressure on the farmgate milk price. As a cooperative business we are committed to supporting all our farmer owners, and in the UK this means working closely with our customers and finding new commercial opportunities to help add as much value as possible to our farmer owners milk.”
Notes to editors
- Arla farmers are paid on constituents via a manufacturing schedule. For ease of comparison, the liquid price is 35.54ppl for conventional milk and 40.14ppl 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.