First Milk has today announced a 0.5ppl increase to its member milk price from August 1. This takes its price on a manufacturing standard litre to 31.0ppl, including the member premium.

Commenting on the announcement, Robert Craig, farmer director and vice-chairman, said:

“We continue to deliver solid business performance and this increase reflects our aim to maximise our returns to members, particularly at a time when we know input costs are increasing at farm level.”