First Milk increases milk price

First Milk has increased the price it pays to members for liquid milk by 0.15p/litre from 1 May.

The rise, resulting from improved returns from whey and skim-milk powder, follows a 0.45p/litre rise earlier this month and the suspension of the 0.3p/litre capital contribution payment for six months from 1 April.

“The latest increase shows when we have good returns we pass it straight back to members,” a First Milk spokesman said.