First Milk adds 1.22-1.41p/litre to November prices
© Tim Scrivener First Milk will pay 1.22-1.41p/litre more for November milk, with further rises to come in December.
The co-op had initially forecast a minimum rise of 1p/litre for November.
It had also already announced a 5p/litre rise in its B price for the month, to 25p/litre.
This is paid on any volume produced above 90% of the previous year’s production for a given month.
See also: First Milk hikes prices 2p/litre and pays bonus early
“Our next announcement will be towards the end of November when we finalise December A prices,” said chairman Clive Sharpe.
“Our current forecast is that all pools will see a minimum of a 1p/litre increase for December.”
First Milk A and B milk prices by pool |
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Milk pool |
November A price increase (p/litre) |
November B Price increase (p/litre) |
November A price (90%) (p/litre) |
November B price (10%) (p/litre) |
|
Scottish Mainland |
1.22 |
5.00 |
21.24 |
25.00 |
|
Lake District |
1.33 |
5.00 |
22.211 |
25.00 |
|
Midlands & East Wales |
1.41 |
5.00 |
20.60 |
25.00 |
|
Haverfordwest |
1.33 |
5.00 |
23.111,2 |
25.00 |
|
1 Net of average transport adjustment 2 Includes Tesco cheese group payment estimated at 0.78p/litre for November |
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