First Milk confirms further milk price increases for April and May 2022
First Milk has today confirmed that its milk price will increase by a further 1.0ppl from April 1, 2022, in addition to the 1ppl announced last month.
This will take the manufacturing standard litre for April to 36.75ppl including the member premium and the regenerative farming bonus.
In addition to this, First Milk will also be increasing its milk price by a further 1.0ppl from May 1, 2022, taking its May 2022 milk price on a manufacturing standard litre to 37.75ppl, including the member premium and regenerative bonus.
Commenting on the announcement, Robert Craig, farmer director and vice-chairman, said:
“As a farmer co-operative our focus is to add value to our members’ milk, and this further increase will be welcomed. We remain committed to paying out additional income to our members, as soon as we can, and we recognise the urgent need to pass this on due to the exceptional cost inflation they are seeing at farm level.”