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‘Overall, the market, including organic, remains stable’ - Arla confirms July milk price hold

However, the price will fall by 0.01ppl due to a quarterly currency smoothing adjustment.


Alex   Black

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Alex   Black
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Arla confirms July milk price hold #teamdairy

Arla has announced its on account price for both conventional and organic milk will remain unchanged for July 2019.

 

However, it will fall by 0.01ppl due to the cooperative’s currency smoothing mechanism.

 

This means the price for a conventional litre will be 30.22ppl and 41.97ppl for organic from July 1.


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Arla Foods amba board director, and farmer owner, Arthur Fearnall, said: “It is being part of a strong European cooperative that has enabled us to hold our conventional milk price for the sixth month in a row.

 

“European milk volumes are starting to increase against the same period last year, however, we are still seeing significant regional differences in growth, with UK and Ireland showing strong increases versus last year.

 

“Overall, the market, including organic, remains stable with cheese prices falling slightly in recent weeks and commodity markets continuing this year’s trends which have seen fat prices weakening further and protein prices increasing, albeit slower than previously.”

 

Engagement

Graham Wilkinson, UK Agriculture director at Arla added: “A vital part to Arla’s continued success is ensuring we continue to engage directly with consumers to share our farmer owned story and educate people on the benefits of dairy and where it comes from.

“This year as part of Open Farm Sunday once again Arla farmers did not disappoint with over 40 Arla farmer owners welcoming more than 70,000 people through their gates which is a tremendous achievement.

 

“It is also days like this that highlight the importance of increasing our dialogue with consumers around the sustainability agenda, with dairy farming very much as part of the solution and championing foods that deliver the biggest nutritional benefits for the least environmental impact, which is where dairy scores well.”

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