Dairy
A number of major dairy companies in the UK have moved to increase the October farm-gate milk price. The UK milk price is increasing monthly
UK dairy processor First Milk and Muller announced further plans to increase milk prices, with First Milk deciding to increase their September milk prices, despite raising it just last week by 0.75p/L (0.89c/L).
A number of UK dairy processors have moved to increase September's milk price, with prices up by 1-1.25p/L (1.17-1.46c/L).
First Milk has confirmed pre-tax losses of approximately £22m for 2014/15.
Scotland’s Rural Affairs Secretary Richard Lochhead has confirmed that he will be providing additional support to dairy farmers on the Isle of Bute.
Two UK processors have announced today their intention to reduce milk prices for January.