First Milk announces April milk price increase

1 March 2024

First Milk milk tanker

First Milk has today announced that from April 1, 2024, its milk price will increase by 0.75ppl to 38.75ppl for its manufacturing standard litre, including the member premium which will remain at 0.5ppl for the year starting April 1, 2024.

The increase incorporates the addition of a new variable regenerative bonus.

Commenting on the announcement, Mike Smith, farmer director and vice-chairman, said:

“The introduction of our variable regenerative bonus is an important development, recognising and rewarding the efforts that our members are putting into driving progress on our regenerative journey. This will be paid in addition to the existing 0.5ppl regenerative bonus, which will remain linked to completion of the regen farming plan each year.”

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