Milk price for May 2024 will increase for conventional and organic milk
From 1st May 2024, the Arla on-account milk price for conventional will increase by 0.45 ppl (0.5 €c/kg) and organic milk where the milk price will increase by 1.34 ppl (1.5 €c/kg).
This means the UK manufacturing price for conventional milk will increase to 40.45ppl and organic milk to 49.98ppl.
Arla Foods amba board director, and Arla farmer, Arthur Fearnall, said: “Global milk supplies continue to be slightly lower, retail sales continue to rise and commodity markets are stable. In the UK, the organic milk price increase is driven by growing demand. Overall, the outlook is stable.”
Bas Padberg, UK managing director, continues: “As a farmer owned cooperative it has been a busy time in our democratic calendar, we’ve been meeting and having some engaging discussions with our members countrywide and as part of this we have been holding our elections to select our Board of Representatives for the next term. This month we also announced a significant UK acquisition in the Arla Foods Ingredients business, of the Volac Whey Protein business subject to CMA approval. As one of the biggest food companies in the UK, it is just the latest move we have made to build a more sustainable future for dairy and our farmer owners.”
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 38.80ppl for conventional milk and 47.95ppl 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.