Farming News - First Milk continues to hold milk price

First Milk continues to hold milk price

01 Jul 2020
Frontdesk / Livestock

First Milk has today announced that it will be holding its milk price for August 2020 at the current level. This means its liquid standard litre will remain at 26.75ppl, whilst its manufacturing standard litre will remain at 27.63ppl, both including its member premium.

Commenting on the announcement, vice chairman and farmer director, Jim Baird, said:

“Even though the COVID-19 lockdown is starting to ease both here and overseas, there remains ambiguity about how the pandemic may develop and any consequent impact on dairy markets. In these uncertain times, I am pleased that we have been able to hold our milk price again, demonstrating the strong performance of the business and therefore offering much-needed stability to our members.”

First Milk has today announced that it will be holding its milk price for August 2020 at the current level. This means its liquid standard litre will remain at 26.75ppl, whilst its manufacturing standard litre will remain at 27.63ppl, both including its member premium.

Commenting on the announcement, vice chairman and farmer director, Jim Baird, said:

“Even though the COVID-19 lockdown is starting to ease both here and overseas, there remains ambiguity about how the pandemic may develop and any consequent impact on dairy markets. In these uncertain times, I am pleased that we have been able to hold our milk price again, demonstrating the strong performance of the business and therefore offering much-needed stability to our members.”