First Milk upgrades September price increase
First Milk has upgraded its September milk price following announcements which have ’boosted returns’
Alex Black
Alex is business reporter at Farmers Guardian covering areas including commodity prices, imports and exports, property and land across all Load More...
Alex Black
Alex is business reporter at Farmers Guardian covering areas including commodity prices, imports and exports, property and land across all Load More...
Share This
First Milk has upgraded its September milk price. The adjusted price increases for September are now between 1ppl and 1.67ppl with an additional 0.25ppl Business Supplement Payment due to stronger than budgeted business performance.
Last week, chairman Clive Sharpe wrote to producers to inform them of an ’up to 1.25ppl’ rise.
In a letter to members today (September 1), he said: "Over the last few days there have been some announcements that have further boosted our returns. Rather than waiting until October to reflect these, we wanted to pass these on immediately.
"There will be further price increases for October. We will update members mid-month with our forecast, and confirm the level of the increase later in September," he said.
"I hope this additional move reflects our commitment that as the market continues to rise; so will our milk price. In addition, we will continue to deliver on the Business Performance Supplement commitment."
Read More
Most Read
Most Recent
FG Insight and FGInsight.com are trademarks of AgriBriefing Ltd.
Farmers Guardian and FarmersGuardian.com are trademarks of Farmers Guardian Ltd, a subsidiary of AgriBriefing Ltd.
All material published on FGInsight.com and FarmersGuardian.com is copyrighted © 2019 by AgriBriefing Limited. All rights reserved.
Farmers Guardian and FarmersGuardian.com are trademarks of Farmers Guardian Ltd, a subsidiary of AgriBriefing Ltd.
All material published on FGInsight.com and FarmersGuardian.com is copyrighted © 2019 by AgriBriefing Limited. All rights reserved.
