It includes an additional price increase for those in the Midlands and East Wales pool
First milk has confirmed a milk price rise of 2.5ppl for the Midlands & East Wales pool. It has also increased the price of all its cheese pools plus liquid & cheese pools will increase by 2.00ppl.
It means the average price increase across our main milk pools is over 8 ppl since June.
Chairman Clive Sharpe said it had continued confidence the milk price would increase further in the first quarter of 2017.
"These increases reflect both the improved market returns and the accelerating improvements in our own business.
"The additional increase for the Midlands and East Wales pool is the result of securing a new brokerage customer.
"We are also pursuing further opportunities with other customers in the area."