First Milk announces further milk price increase
First Milk’s 2800 members will be paid a further 0.5p/litre for their milk from July.
Peter Humphreys, the dairy co-op’s chief executive, said the increase was in anticipation of improved prices its cheese business would receive in the coming months.
“We want to pass these returns onto members now,” he said.
First Milk has also immediately suspended its policy of withholding payment to members on over-quota milk for the remainder of the current quota year.
See more