Clive Sharpe, First Milk chairman commented:
"After total increases of 10ppl since last summer, it is disappointing to have to reduce our milk price. However, consistent with our business operating model, we will continue to pay a milk price that relates to our returns."
milk pool May price change (ppl) May A price (ppl)
Midlands & East Wales -0.10 26.15
Lake District -0.35 26.76 *
Scottish Mainland -0.25 25.84
Haverfordwest -0.35 27.53 **
* Net of average transport adjustment
** Includes Tesco cheese group payment estimated at 0.65ppl for May