First milk price drop

First Milk has today announced that its milk price for March will be reducing by 1.25 pence per litre.

 

Commenting on the announcement, Jim Baird, vice chairman and farmer director, said:”As we’ve said in recent months, the weaker dairy market has impacted our revenue and we can only pay a milk price that relates to our returns. We know that this further milk price drop will be disappointing to our members and continue to do all we can to mitigate the market conditions.”

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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. Colin Ley - News reporter