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Arla announces November price hold

The cooperative’s conventional manufacturing litre will remain at 32.30ppl


Alex   Black

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Alex   Black
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Arla announces November price hold #teamdairy

Arla Foods amba board director Jonathan Ovens said:“We have achieved a 16 per cent increase in our price since July, as a result of four consecutive milk price increases.

 

“We are expecting milk volumes to increase as we move into 2018 and this, coupled with increased activity in global markets from non-European players, means that commodity markets are now in balance, bringing some softness into commodity prices in Europe.

 


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“All commodity product categories have reduced in price in recent weeks but are still trading at what historically would be seen as good prices.

 

"As a consequence the Arla Foods amba farmer board believes that it is the right decision to hold its milk price into November.”

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