DAIRY CO-OP First Milk has confirmed that its farmgate milk price will increase by a further penny per litre from April 1, in addition to the 1ppl already announced.
This will take its manufacturing standard litre for April to 36.75ppl, including the member premium and the regenerative farming bonus.
Read more: First Milk defers milk price increase til April
In addition to this, the co-op will be increasing its milk price by a further 1ppl from May 1, taking its May price on a manufacturing standard litre to 37.75ppl, including that member premium and regenerative bonus.
Farmer director and vice-chairman, Robert Craig, said: “As a farmer co-operative our focus is to add value to our members’ milk, and this further increase will be welcomed. We remain committed to paying out additional income to our members, as soon as we can, and we recognise the urgent need to pass this on due to the exceptional cost inflation they are seeing at farm level.”
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