First milk holds December price

First Milk has announced that its milk price for December 2018 will be held at 28.5ppl for the liquid standard litre (4% butterfat, 3.3% protein). This equates to 29.47ppl on a manufacturing standard litre (4.2% butterfat and 3.4% protein) price.

Commenting on the announcement, Jim Baird, Vice Chairman and farmer director, said: “The dairy commodity markets have weakened significantly in recent weeks and this puts pressure on milk prices. Of course, we are not immune from this, but our underlying business performance remains in line with our plans, which has allowed us to hold prices for December, and we aim to provide as much milk price stability to our members as we can moving forward.

“Looking into 2019, we have a clear growth strategy and we are confident that together, we can deliver dairy prosperity.”

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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.