Press release -
Arla Foods amba increases its April milk price
Arla’s price for conventional milk will increase by 0.32 pence per litre from 1 April, as a result of the last quarter’s average exchange rate being introduced into the cooperative’s currency smoothing mechanism, taking the manufacturing litre to 27.43 pence.
Commenting on the markets, Arla Foods amba board director, Johnnie Russell, said: “Commodity market prices have stabilised over the last few weeks, however protein prices remain at record low values. The recent increases in butterfat and cheese prices have diminished with these prices also stabilising around their February levels.”
Categories
- Manufacturing price based on every other day collection, top quality, one million litres,4.2% butterfat, 3.4% protein
- Arla farmers are paid on constituents via a manufacturing schedule.For ease of comparison, the liquid price is 26.39 pence, based on 4% fat and 3.3% protein.
Source: MilkPrices.com
Arla Foods is a global dairy company and co-operative owned by 11,200 dairy farmers with circa 2,500 of whom are British.
Dating back to 1881, Arla’s purpose is to secure the highest value for its farmers’ milk, while creating opportunities for their growth. With production facilities in 11 countries and sales offices in a further 30, Arla is the world’s fifth largest dairy company and largest supplier of organic dairy products. Arla has a total of more than 18,000 colleagues and its products are sold under the well-known brands Arla®, Lurpak® and Castello® in more than 100 countries.
Arla Foods UK is the largest dairy company in the country and is home to leading dairy brands Anchor®, Arla Cravendale®, and Arla Lactofree® with a turnover of €2.9 billion. The UK is largest market within the Europe Zone, contributing 35% of the zone’s turnover and also comprises 25% of the Group revenue.
As well as being a leading supplier of fresh milk, number one in butter, spreads and cream, Arla is the UK’s largest cheese manufacturer. It has also built the world’s largest fresh milk facility located at Aylesbury that later this year will become the first net zero carbon site of its kind. The UK business has a team of approximately 3,500 colleagues located at its dairies, creameries, distribution centres and head office.
