Muller to hold March milk price

Muller is the first major processor to freeze its price since the downturn in mid-2016
Muller is the first major processor to freeze its price since the downturn in mid-2016

Muller Milk & Ingredients has frozen its March standard non-aligned milk price.

Muller is the first major processor to freeze its price since the downturn in mid-2016.

Their standard litre price will remain at 26.69ppl.

The UK’s second-largest milk processor blamed an 'easing back' of commodity markets and the increase to its supply milk volume as reasons for the price hold.

“Our milk price position for March has been discussed with the farmer board and reflects the current environment where dairy commodity markets are easing back. In addition we are seeing increasing direct supply volumes across all our milk field areas. As we approach the period leading into the spring ‘peak’ it is important that we closely monitor the balance of supply and demand,” said a Muller spokesman.