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Dairy Industry News and Features

Our Weekly News Bulletin is available by email. To receive it please email info@ipmsltd.co.uk.

^{Note, all standard litre prices are those quoted by www.milkprices.com and are based on the following:

The liquid standard litre 4% bf, 3.3% protein, 30,000/ml Bactoscans, 200,000/ml SCC, 1 million litres a year on EODC but before seasonality, monthly profile payments, balancing, B price additions, capital retentions or annual incentive schemes. The manufacturing standard litre is to exactly the same specification with the exception of 4.2%bf and 3.4% protein.}

^{Remember this bulletin continues to be available free of charge and takes the team at Ian Potter Associates considerable time to produce. The only encouragement to keep producing it is a combination of enthusiasm, tag sales & enquiries from our readers.} ^{All views expressed in this bulletin are those of Ian Potter Associates and a shed load of dairy farmers. It is necessarily short and cannot deal with various issues that arise in any detail. As a result it must not be relied on as giving sufficient advice in any specific case. Every effort has been made to ensure the accuracy of the content but neither Ian Potter Associates nor Lydia Clare personally can accept any liability for any errors or omissions. Professional advice must always be taken before any decision is reached. For our privacy policy please click here.}

06/09/24

0.62ppl milk price increase for Barbers from 1st October

This 0.62ppl increase results in a litre price of 43.03ppl for October. In a statement from their recent announcement: "The word ‘unprecedented’ has been in danger of being overused over the past couple of years, but we have delivered nine monthly upward milk price movements across ten consecutive months – which is a new record for Barber’s and our dedicated suppliers, and indeed, unprecedented.

06/09/24

1ppl milk price increase for Freshways from 1st October and a further 1ppl increase from 1st November

Resulting in a standard litre price of 41ppl in October and 42ppl in November. Quoted from their business update released yesterday: "Starting from October 1, 2024, we are pleased to announce a 1p per litre increase in our base price of milk. Additionally, we are committed to implementing a further increase of 1p per litre beginning on November 1, 2024. These increases reflect the favourable changes in demand and overall market trends we have recently observed.

06/09/24

0.6ppl milk price increase for First Milk from 1st of October

First Milk has announced that from 1st October 2024 its member milk price will increase by 0.6ppl to 42.6ppl for its manufacturing standard litre, including the member premium. Commenting on the announcement, Mike Smith, Vice Chairman and Farmer Director, said: “We are delighted to raise our milk price once again, which we are able to do because of the continued healthy performance of our business.

06/09/24

1ppl milk price increase for Muller from 1st of October

Dairy farmers supplying Müller who meet the conditions for Müller Advantage will receive a milk price of 41.25ppl from 1st October 2024, a 1ppl increase. Richard Collins, Head of Agriculture at Müller Milk & Ingredients said: “We’re pleased to see stability in the market, and following an increase to our farm gate milk price in September of 1.25ppl, we are in a position to increase it again by a further 1.

06/09/24

PRESS RELEASE from First Milk 29th August 2024

First Milk delivers healthy performance in year of progress The last financial year saw First Milk deliver competitive returns for members and significant strategic developments to underpin its future growth. Farmer-owned co-operative, First Milk, has today published its Annual Financial and Impact Report for the year ending March 31, 2024, which shows strong growth in performance for its co-operative members.

06/09/24

PRESS RELEASE from Organic Herd 27th August 2024

Organic Herd increases Member milk price to 56ppl from October The co-op completes its 3rd year of continuously maintaining or increasing its price, attracting the next generation of organic dairy farmers. Following on from its 3ppl rise for August, Organic Herd, the leading British farmer-owned co-operative dedicated to organic dairy, has announced a further 2ppl increase in its Member milk price effective from 1st October 2024.

06/09/24

1ppl Milk Price increase for Wyke Farms from 1st of September

Resulting in a manufacturing litre price of 42.45ppl

01/08/24

1ppl milk price increase for Leprino Foods from 1st September

Resulting in a base milk price of 41.50ppl

01/08/24

0.61ppl milk price increase for Barber's from 1st September

This is the eighth increase this year for Barber's resulting in a manufacturing milk price of 42.41ppl from the 1st of September. Total price uplifts this year to September totals 6.27ppl from 36.14ppl to 42.41ppl.

01/08/24

Müller announces a 1.25ppl milk price increase to 40.25ppl from 1st September

Dairy farmers supplying Müller who meet the conditions for Müller Advantage will receive a milk price of 40.25ppl from 1st September 2024, a 1.25ppl increase. Richard Collins, Head of Agriculture at Müller Milk & Ingredients said: “The market is looking stable and we understand the pressures that hard working dairy farmers are facing into. We were in a position to increase our farm gate milk price in June and July, and we are pleased to increase it again by another 1.

01/08/24

First Milk announces 1ppl milk price increase for September

Resulting in and manufacturing standard litre price of 42.0ppl, including member premium. Commenting on the announcement, Mike Smith, Vice Chairman and Farmer Director, said: “Whereas Global and European dairy markets are relatively stable right now, many of our members are continuing to deal with the negative impact that the high rainfall and lower temperatures experienced in Spring and early Summer have had on grazing and winter forage production.

05/07/24

Leprino Foods 1ppl milk price increase from 1st August

Resulting in a base milk price of 40.50ppl for August 2024. In their announcement Leprino Foods commented “ Since I last wrote to you last month, we have seen milk supply continue to be adverse to last year and during June we saw a small increase in consumer demand which hopefully will continue as we progress through the second half of 2024.