Arla Foods amba confirms June milk price
Posted: 22 May 2015 | Victoria White | No comments yet
After increasing its milk price by 1.5 eurocent per kg in April and maintaining the price in May, Arla’s June milk price will reduce by one eurocent per kg…
After increasing its milk price by 1.5 eurocent per kg in April and maintaining the price into May, the Arla Foods amba on account price will reduce by one eurocent per kg with effect from 25 May 2015.
When applied to the UK standard litre, the impact will be a reduction of 0.84 pence taking the June milk price to 24.99 pence.
Commenting on the announcement about the June milk price, Ash Amirahmadi, Arla UK’s head of milk and member services, said, “Following a brief market upturn, which we were able to reflect in our milk price, the commodity markets continue their negative trend. Whilst we continue to do everything possible to minimise the impact, unfortunately, we have not been able to buck the market. The entire global dairy industry has been affected by these market forces.”