First Milk has announced that from September 1, 2024, its member milk price will increase by 1.0ppl to 42.0ppl for its manufacturing standard litre, including the 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. As such, this further strengthening of our milk price for September will be welcome news.”