September price increase announced by First Milk

As a result of strengthening markets, First Milk has confirmed that its member prices will rise by between 1ppl and 1.1ppl from 1st September 2017.

Last month the farmer co-operative wrote to their members detailing plans to discontinue A&B pricing and individual transport charges, plus introduce a Production Bonus. These changes, which are aimed at incentivising milk production to meet growing customer demand, will also be implemented from 1st September 2017.

First Milk chairman Clive Sharpe said, “Many members met our new CEO Shelagh Hancock at farm roadshows across the UK earlier this month. At these meetings she detailed the strong platform that we have in place, as well as further opportunities to improve productivity within the business. Work on a range of business improvements is currently being implemented, and the benefits will be returned to members in future milk price increases.”

First Milk Vice chairman Nigel Evans added, “We hope that this second consecutive milk price increase, along with the positive changes to our member payment schedules that will take effect from September, will give our farmers confidence as we move into the Autumn.”

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About The Author

John Swire - Deputy editor of Agronomist and Arable Farmer as well as responsibility for the Agronomist and Arable Farmer and Farm Business websites. After 17 years milking cows on the family farm John started writing about agriculture in 1998 and has since written for a variety of publications and has developed a wide circle of contacts within the industry. When not working John is a season ticket holder at Stoke City and also of late has become a fitness freak, listing cycling, swimming and walking as his exercises of choice.