First Milk has confirmed a further 1p/litre increase in its farmgate milk price from 1 April, with another 1p/litre from 1 May.
This price move comes on top of a previously announced 1p/litre rise for April and will put First Milk’s manufacturing standard litre at 36.5p/litre for the month and 37.5p/litre for May, based on milkprices.com’s manufacturing standard litre at 4.2% butterfat and 3.4% protein.
This price includes the member premium and the regenerative farming bonus.
See also: How a dairy farmer has cut his herd replacement rate to 19%
Robert Craig, vice-chairman and farmer director at First Milk 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.”
Grahams
Scottish milk processor and retailer Graham’s The Family Dairy has increased its April price by 1.5p/litre, to 36p/litre, based on a standard liquid price of 4% butterfat and 3.3% protein.
Crediton
Crediton Dairy has confirmed an additional 1.25p/litre, on top of its previous 0.5p/litre price increase for April. This will bring its standard liquid price, of 4% butterfat and 3.3% protein, up to 36.75p/litre for April 2022.
This standard litre price is inclusive of Crediton Dairy’s 0.5p/litre monthly farm metric bonus.
Medina
These announcements follow Medina’s 2p/litre rise for its April price, taking its liquid standard litre price to 37.8p/litre.
