Arla's November milk price to remain unchanged

Dairy co-operative Arla has confirmed that its November milk price will remain unchanged.

The UK manufacturing price per litre will remain at 32.47 pence.

Commenting on Arla's decision to hold its milk price, Arla Foods amba board director, Johnnie Russell, said: “We have not yet seen any knock on impact of the summer drought and while global milk supply is currently stable, there has been a significant reduction in butter and cream commodity prices.

“The market development creates pressure on the business.”

Arla farmers are paid on constituents via a manufacturing schedule. For ease of comparison, the liquid price is 31.21 pence per litre, based on 4% fat and 3.3% protein.

The Arla on-account price for organic milk will also remain unchanged from 1 November.