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‘There has been some upward movement in short term markets’ - First Milk announces June milk prices

June A prices will be dropped by between 0.28ppl and 0.35ppl whilst June B prices are set to be increased 1ppl. 

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‘There has been some upward movement in short term markets’ - First Milk announces June milk prices

First Milk has announced its June A milk price will fall by between 0.28ppl and 0.35ppl.

 

Members in Haverfordwest and the Lake District will see a June A reduction of 0.28ppl whilst those in the Scottish mainland and the midlands and east Wales will see a drop of 0.35ppl.

 

June B prices will however see an increase of 1ppl.

 

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It came as Dairy Crest confirmed a 1ppl price drop in June and another in July, before a price hold until September. Barber’s promised to hold its price for June.

 

Clive Sharpe, First Milk chairman said: “You will be aware that there have been some price reductions in the market over the last few weeks, which have impacted the pricing mechanisms that we have in place with our customers.

 

“Looking ahead, there has been some upward movement particularly in short term markets, which is a welcome positive signal.

 

“As a result, the B price range for June is increased by 1ppl to 24ppl - 25ppl and we anticipate that B prices for July will be a minimum of 25ppl.”


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