Milk price for October 2023 will remain unchanged for conventional and organic milk
From 1st October 2023, the Arla on-account price for conventional and organic milk will remain unchanged. However, the net adjustment of the Sustainability Incentive and currency exchange rate impacts the on account price positively by 0.09ppl.
This means the UK manufacturing price for conventional and organic milk will be 35.21ppl and 40.88ppl respectively.
Arla Foods amba board director, and Arla farmer, Arthur Fearnall, said: “It is positive to see that, for the first time this year, our branded retail sales have picked up. Global commodity markets are pressured by Whole Milk Powder on the GDT, while European markets are more stable, albeit slightly negative. The outlook is stable. However, there is some degree of uncertainty driven by commodity market developments.”
Notes to editors
- Arla farmers are paid on constituents via a manufacturing schedule. For ease of comparison, the liquid price is 33.83ppl for conventional milk and 39.28ppl 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.