Arla’s worth for standard and natural milk for January will improve because the outlook stays ‘secure’ for the brand new yr.
This implies the UK manufacturing worth for standard and natural milk will probably be 37.58ppl and 44.61ppl respectively.
Paul Savage, agriculture director for Arla UK stated: “Each standard and natural markets are coming again to progress and our retail branded gross sales proceed to enhance.
“With a secure outlook, this newest and vital improve ought to give confidence to our farmer house owners as we start the beginning of a brand new yr.”
Arla Meals amba board director, Arthur Fearnall stated the information could be ‘an excellent begin to the brand new yr’ for the co-op’s UK and European suppliers.
“Retail gross sales proceed to select up after the turnaround in quarter three in 2023,” he stated, including that international commodity costs continued to get well as nicely.
Nonetheless, he stated they have been barely weakened after seasonal calls for have been fulfilled.
In Central Europe, Arla’s natural on-account milk worth will see a much bigger improve – of 5 euro cent per kilogram – from 1 January 2024.
Mr Fearnall stated: “This improve for natural is pushed by the transition of the certification scheme to the natural affiliation Naturland and following the elevated profitability from retail positions. The outlook is secure.”
