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'Dairy markets appear to be fairly stable' - First Milk to hold December milk price

News07 Nov 2019 Olivia Midgley

First Milk will hold its December milk price at the current level as dairy markets remain fairly stable.

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Olivia Midgley
Olivia Midgley
After graduating from Sheffield University with a journalism degree, Olivia kicked off her career with stints on local and regional ...Load More
Olivia MidgleyOlivia Midgley
After graduating from Sheffield University with a journalism degree, Olivia kicked off her career with stints on local and regional ...Load More
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First Milk to hold December milk price at 27ppl

This means the processor’s liquid standard litre price for November will remain at 27.00 ppl and its manufacturing standard litre will remain at 27.90 ppl, both including its member premium.

Jim Baird, farmer director and vice-chairman, said: “Some of the short-term market uncertainty has been removed as the risk of a no-deal Brexit has reduced in the short-term.

"Dairy commodity markets also appear to be fairly stable, with global milk production fairly static compared to last year and a steady global dairy demand.

“We will, of course, continue to work to return as much value as we can for our members in the months ahead.”

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