First Milk sixth processor to hold January milk price

First Milk has become the sixth milk processor to announce it will leave its milk price unchanged in January.

Prices at the farmer-owned co-operative will remain at 27p/litre for liquid producers and 27.9p/litre for those on a manufacturing contract.

The firm’s last price move was a 0.45p/litre cut for its 800 producers in November.

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Vice-chairman and farmer director Jim Baird said: “As we head towards the end of the year the dairy markets appear fairly stable.

“First Milk continues to focus on maximising returns to our farmers and, as we look forward to 2020, we believe we are well placed for the future, as we work together to deliver dairy prosperity.”

Five other dairy processors have announced that they will also leave prices unchanged for the first month of the new year, who are as follows:

Processor

Manufacturing price (p/litre)

Liquid price (p/litre)

South Caernarfon Creameries

27.28

26.36

Belton Farm

27

26.25

Glanbia Cheese

27

26.1

AJ & RJ Barber

27.79

26.8

Wyke Farms

26.91

26

Source: milkprices.com

Based on a manufacturing standard litre of 4.2% butterfat and 3.4% protein. Liquid standard litre is 4% butterfat and 3.3% protein.