November milk price rise for Arla members

Arla members’ farmgate milk price will rise by 0.9p/litre for both conventional and organic milk from 1 November. 

This takes its conventional milk manufacturing price to 30.66p/litre and the organic price to 39.02p/litre.

These prices are based on collection every other day of milk in the top quality band totalling at least 1m litres annual supply at 4.2% butterfat and 3.4% protein.

Applied to a standard liquid litre (4% fat and 3.3% protein), the price equates to 30.66p/litre.

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Arla Foods amba board director and farmer owner Arthur Fearnall said: “Despite year-on-year increases in milk volumes across the globe, commodity markets have remained resilient, with some softening in cheese prices being offset by increases in powder and cream prices.

“Against this backdrop, the business performance remains strong and the outlook is stable.”

Arla Foods said that through the Covid-19 pandemic, it had adapted across its entire value chain to deliver against the changing channels and shift in consumer needs.

This week’s New Zealand-based GDT dairy commodity online auction saw its index rise just 0.4% across a basket of wholesale dairy commodities. Butter and cheddar showed the most positive trend, up by 3.3% and 3%, respectively.