Arla Announcement 31.01.2024

Milk price for February 2024 will remain unchanged for conventional and organic milk.

 

From 1st February 2024, the Arla on-account price for conventional and organic milk will remain unchanged.

 

This means the UK manufacturing price for conventional and organic milk will be 39.18ppl and 46.50ppl respectively.

 

Arla Foods amba board director, and Arla farmer, Arthur Fearnall, said: “ Global milk supplies continue to slow down however, not as significant as in previous months. EU milk supplies are projected to grow due to the expected seasonal increases in the spring. Global commodity markets are stable and across both conventional and organic milk, our retail sales continue to pick up. The outlook is stable.

 

Paul Savage, Agriculture Director for Arla UK continues: “Following a turbulent start to last year, this announcement and the stable market outlook will be welcomed by our farmer owners.”