Muller announces 1ppl milk price drop for December

Muller has confirmed a price drop of 1ppl from December 1
Muller has confirmed a price drop of 1ppl from December 1

Dairy farmers supplying Müller will see their milk price decrease for December, going down to 28.5p per litre.

The Müller Direct standard litre price from December 1st will be 28.5ppl, down one pence per litre.

It comes as the dairy giant kept its milk price unchanged for three consecutive months.

Müller milk supply director, Rob Hutchison said: “In the context of a sustained decline in returns from markets for cream and butter, a 3% reduction in our farm gate milk is a proportionate response.

“Muller is a resilient business but we cannot ignore significant changes in the markets we serve. We place importance on doing what we can to protect farmers from the effects of extreme market volatility.

Mr Hutchison added: “That is why we have options in place for farmers who want to hedge against market movements including the Muller Direct Fixed Price Contract and the Muller Direct Futures Contract.”