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Arla Foods amba and First Milk to reduce milk price for March

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Staff Writer | February 26, 2018
Arla’s price for conventional milk will reduce by 2.16 pence for the manufacturing litre, taking it to 27.11 pence from March 1, 2018.
UK milk
Dairy   Protein prices are now at a historical low
While last year’s increases were driven by fat, the long-term decline in the value of protein since the start of 2017 has had a significant impact. Protein prices are now at a historical low with little prospect of recovery, due to the large stocks held by the EU.

Cheese prices have begun to recover but are still below the levels of a year ago.

Butter has also begun to increase but is still only slightly ahead of last year’s prices. Market recovery is from a low level and the overall price of fat and protein combined is still lower than this time last year.

Also announcing a reduction is First Milk. It's milk price for March will be reducing by 1.25 pence per litre.