The price will rise 0.32ppl as a result of the co-operative’s currency smoothing mechanism.
Arla has announced a 0.32ppl milk price rise from April 1, as a result of the last quarter’s average exchange rate being introduced into the cooperative’s currency smoothing mechanism.
It takes the manufacturing litre price to 27.43ppl.
Arla Foods amba board director, Johnnie Russell, said: “Commodity market prices have stabilised over the last few weeks, however protein prices remain at record low values.
“The recent increases in butterfat and cheese prices have diminished with these prices also stabilising around their February levels.”