First Milk has announced that from December 1, 2024, its member milk price will increase by 1.5ppl to 45.35ppl for its manufacturing standard litre, including the member premium.
First Milk is a British farmer-owned co-operative that is a Certified B Corporation, with a vision of enriching life every day to secure the future.
Owned by around 700 farming families spread across Britain, First Milk says that it is “passionate about the power of dairy to make a difference, whether that’s providing tasty, nutritious and affordable food, building strong rural communities or leaving the world a better place.”
Commenting on the announcement, Mike Smith, Vice Chairman and Farmer Director, said, “With dairy market prices maintaining their strong positions and our business continuing to deliver healthy returns, we are pleased to be able to announce yet another increase to our milk price. This will come as welcome news to our members whose businesses continue to be impacted by increased costs.”