Arla have recently confirmed that for April 2024, there will be significant changes to milk prices.

While the price for conventional milk will remain stable, the cost of organic milk will see a notable increase.

Additionally, a quarterly currency adjustment is forecast, which will impact the on-account price negatively by 0.04ppl. Equally, the organic milk price is set to rise by 1.34ppl.

Therefore, the UK manufacturing price for conventional and organic milk will stand at 40.02ppl and 48.68ppl respectively.

Board of director at Arla Foods amba Arthur Fearnall highlighted: “Global milk supplies are slightly lower ahead of the expected spring flush. Retail sales continue to pick up and commodity markets are stable.

“In the UK, the organic milk price increase is driven by growing demand. Overall, the outlook is stable.”

Arla UK agriculture director Paul Savage expressed: “It is a particularly exciting time for our farmer owners, we are currently holding our district meetings for all our owners to attend and are going through our farmer elections across every region in the UK.

“This month we also announced a significant investment in a state of the art mozzarella production facility at our creamery in Taw Valley, Devon.

“As one of the biggest food companies in the UK, it is only natural that we look for further opportunities to grow and increase the value of our farmer owners’ milk.”