Arla members stand on with its May conventional price at 30.23ppl
Posted on: 24/04/19
This is Arlas 4th consecutive member milk price hold keeping the standard liquid litre price at 29.06ppl and based on a manufacturing standard litre 30.23ppl.
This is a welcome if not remarkable achievement by Arla and certainly puts more pressure on other processors who are finding current prices extremely challenging. During the past week spot milk has been regularly trading between 13 to 15ppl and the signs are pointing towards further weakening as milk production continues to increase. Several processors who in previous years have managed to track Arla have now been left standing and many, particularly liquid processors will have little option other than to do their own thing and do what is right for the survival of their businesses.
Arlas members who supply Organic Milk also benefit from a price hold at 41.98 based on a manufacturing standard litre and 40.34ppl based on a liquid standard litre.