Two major UK dairy companies will increase their milk price at the start of next month.
Both Muller and Arla have confirmed milk price increases for February 1.
Muller, which is the main milk buyer in the north and north-east, will increase its standard non-aligned milk price by 1.25p.
The company said farmers would also benefit from a separate additional retailer supplement, estimated at 0.82p a litre for February, bringing their standard litre price to 27.51p a litre.
Meanwhile, European farmers’ co-operative Arla, which buys milk from around one in four UK dairy farmers, will increase its prices by 0.76p a litre on February 1.
Its liquid price will rise to 27.07p a litre and the manufacturing price will increase to 28.16p a litre.
The co-op’s farmer board director, Johnnie Russell, said: “Markets in general remain strong, with good global demand. As a result of the mild winter, global milk supply is slightly above expectations, which is softening butterfat prices. Yellow cheese prices have also weakened across Europe over the last few weeks.”
Arla and Muller to increase farmgate milk prices in February
