Dairy processor Arla will keep its milk price unchanged for a second consecutive month, the company has revealed.
Arla, the UK’s biggest cheese manufacturer, said that it would maintain its standard manufacturing litre price for September conventional milk at 29.26p/litre.
Its organic price will also stay unmoved at 27.62p/litre, with both prices dependent on farmers being up to date with their Arlagarden and Climate Check compliance requirements.
The last time the processor changed its price was a 0.63p/litre cut for milk produced in July.
Arla Foods board director Arthur Fearnall, said: “The gains on the GDT auction during July have reversed and prices have now returned to the levels of late June.
“Both the conventional and organic markets remain hesitant as they wait to see how the full economic impact of Covid-19 lockdowns starts to unfold, however the current outlook remains stable.”
In other price moves this week Crediton Dairy increased its liquid standard litre price for October by 1p/litre to 28.5p/litre, including the 0.5p/litre monthly Farm Metrics bonus.
It’s the first price move for the Devon-based flavoured and long-life milk manufacturer since it cut its price by the same amount in March this year.