First Milk has confirmed that members within its Midlands & East Wales milk pool will receive a price rise of 0.2ppl for March, whilst prices within all other pools remain unchanged.
This reflects both the improvement in market returns and the performance of the new First Milk business.
First Milk’s chairman Clive Sharpe commented: “Following eight consecutive milk price rises which have cumulatively delivered around 11ppl onto our members’ milk price, returns have stabilised over the last month.
“Our Milk Price Index shows that our prices are now more competitive than at any point in past, as a result of First Milk being a leaner, more focused business.”
“Prices for all pools will be held from 1 March, the only exception being the Midlands and East Wales pool where farmers will receive a 0.2ppl milk price rise as a result of returns from our basket mechanisms.”
