What are Arla tipped to do for August?
Posted on: 09/07/18
Our inside knowledge that Muller would stand on with its August milk price at 28ppl proved to be bang on the money and similar reliable intelligence has firmly indicated that Arla will likely do the same for August and remain at 29.31ppl (standard liquid litre price) to be followed by a 1st September increase.
Certainly this weather is hurting and escalating on farm milk production costs both for this winter and the here and now for those who are attempting to maintain forecast production. Without more money in the kitty to pay for the additional cost and to repay the previous price drop financial mess many will likely say blow the production or even worse throw in the towel. Time will tell whether our information on Arla’s non movement for August is as good as Ian believes it is.
July and August will see Mother Nature have the last say on milk production and by default determine milk prices and will be a favourite to win a tug of war against claims weakening cream and butter prices.