The Muller Direct Milk formula price will rise by 1.366ppl in November
The Muller Direct Milk formula price will rise by a record monthly amount of 1.366ppl in November. This will bring the standard litre price to 28.616ppl for the Simplified Formula Contract and 28.808ppl for those that signed up to the Core Formula Contract from April 14.
The rise is due to four of AHDB Dairy’s five formula parameters for September increased with the fifth showing no change.
The price increased by 1.247ppl in October and the November increase means it has risen by 4.237ppl since August.
The Formula has two further months to run before the 12 months’ notice applied by Muller with the final month of the Formula pricing being January 2017.