First Milk to reduce November milk price by 0.85ppl
First Milk has today announced that its member milk price will reduce by 0.85ppl from November 1, 2023, taking its manufacturing standard litre to 36.00ppl including the member premium.
Commenting on the announcement, Robert Craig, vice-chairman and farmer director, said:
“We understand that this will be unwelcome news for our members, especially heading into the winter, as costs on farm remain stubbornly high. Dairy demand has been reduced for several months, putting downward pressure on pricing, which has impacted our returns. As always, we will continue to work hard to maximise our members’ milk price in the months ahead.”