Milk Link announces milk price increase

Milk Link has increased its milk price by 4.6p/litre.

The rise, which will take effect from October, means the dairy co-op’s members will receive about 24p/litre.

Any “marginal” or “B” litres will be worth over 30p/litre.

Members on a manufacturing contract will be paid via higher butterfat and protein payments.

Increased customer returns

Those with liquid contracts will see their base price increase.

Chief executive Barry Nicholls said: “The latest rise reflects our success to date in securing increased returns from our customers.

“With regard to our processing , the Milk Link board has reiterated its confidence that the business will also be able to deliver at least a 10% return on members qualifying loans,” he added.

Farmers Weekly Awards 2021

Enter or nominate today