Arla increases September milk price above 30p per litre

This is the third consecutive increase in Arla’s milk price
This is the third consecutive increase in Arla’s milk price

Arla Foods is raising its milk price to owners by one eurocent per kilogramme from 1 September.

The UK’s largest milk processor will raise the milk price for its 11,200 European farmer owners.

When the increase in the on-account price is applied to the UK standard manufacturing litre, the increase equates to an upward movement of 0.81 pence, taking the UK standard litre for conventional milk to 30.79 pence.

Commenting on the decision to increase the price, Arla Foods amba board director, Jonathan Ovens, said: “This is the third consecutive increase in Arla’s milk price which is a result of the continuing strengthening of the markets.”

A farming union has said recent price increases by milk processors is welcome, stating that it is a strong inference that milk prices are moving forward.

George Jamieson, NFU Scotland Milk Policy Manager, commented: "Processors should pay as much as they can, rather than as much as they can get away with if they are to inspire loyalty."