The Muller Direct Milk formula price will rise by 1.247ppl from October
The Muller Direct Milk formula price will rise 1.247ppl from October taking both contract option standard litres over 27ppl. This is the second month of the largest ever increase in formula price, following a 1.172ppl rise in September.
The increase is mainly due to the improved cream income which has increased by 86 per cent between April and August, according to AHDB.
Those with litres priced by formula do not receive the current retailer supplementary payments on formula litres.
This formula mechanism will continue until the end of January 2017.