The “on account price” for the farmer members is reduced by one eurocent per kilo by Arla Foods amba co-operative, with effect from 1st of February.
At the point when this diminishment is connected to the UK standard liter it equates to a descending movement of 0.75 pence. There is likewise a little adjustment of 0.05 pence per liter in the anticipated supplementary (thirteenth) payment in view of lower general returns, because of the item showcase impact, Arla said.
These two alterations, totalling 0.8 pence, take the UK standard liter cost to 21.81 ppl.
This takes after news of Muller reporting a 1p/liter slash in farmgate milk prices starting from 15 February, asserting it can no more shield its suppliers from the “realities of the business sector”.