Arla raises milk price to producers by further 1.51p per litre

Arla Foods is a global dairy company and co-operative owned by 12,700 dairy farmers with circa 2,700 of whom are British
Arla Foods is a global dairy company and co-operative owned by 12,700 dairy farmers with circa 2,700 of whom are British

Arla Foods is raising its milk price to producers by a further 1.51p per litre from 1 January.

January also sees a new quarter’s (October to December) average exchange rate introduced to the pricing mechanism, resulting in a 0.17 pence per litre increase, taking Arla’s UK standard litre to 26.31 pence.

Commenting on the decision, Arla Foods amba board director, Jonathan Ovens, said: “Markets continue to be strong, due to the reduction in global milk production coupled with ongoing strong demand.

“In Europe, the markets for added value products continue to strengthen, while spot prices are weakening. The organic market in Europe remains strong.

“This is the fifth increase in Arla’s milk price in as many months, realising a 31 per cent uplift in the price since 1 September.”