First Milk announce October price increases

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

Chairman Clive Sharpe commented: "We are pleased to announce our third consecutive price lift and expect to be able to deliver further increases on members' milk price based on the strengthening market plus productivity improvements and efficiencies across First Milk."

Vice Chairman Nigel Evans added, "Members will be particularly pleased to see that the business is improving its productivity and efficiency given that these were outlined as key priorities at the farm roadshows last month."

ENDS

Notes to Editors

October prices (with October increase in brackets)

Midlands 28.90ppl (1.1ppl)

Scotland 28.59ppl (1.1ppl)

Haverfordwest 30.05ppl (1.0ppl)

Lake District 29.93ppl (1.0ppl)

N.B. Haverfordwest & LDC prices are Manufacturing Standard Litre (4.2% B/fat & 3.4% Protein); the other pool prices are Liquid Standard litres (4% B/fat & 3.3% Protein).

First Milk is the UK's only major dairy company 100% owned by British farmers. It supplies a wide range of dairy products and dairy ingredients to customers in both national and international markets including block cheeses, raw milk, butter, skimmed milk powder & whey proteins. It is headquartered in Glasgow with four manufacturing sites across England, Scotland and Wales.

Media Contact

Paul Flanagan: M: 07767 241452; E: paulflanagan@firstmilk.co.uk

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