First Milk has announced that its member milk price will increase by 2ppl with effect from January 1, 2022. This takes its standard litre price to 34 ppl on a manufacturing price schedule, including its member premium and all other standard litre bonuses and charges.
Commenting on the announcement, Robert Craig, Vice Chairman and farmer director, said:
“We are acutely aware of the huge inflationary cost pressure that our farmer members face this winter. As always, our focus is on returning as much to our members as we can. Whilst this two pence-per litre price increase is undoubtedly a positive step, we will continue to work hard with our customers to recover increased costs from the marketplace, as well as focusing on any further mitigations we can take to reduce cost across our business.”