Arla to hold milk price into May
Arla Foods has announced that it is holding its milk price through to May 2015.
The UK standard litre has increased by 0.03ppl to 25.83ppl, following confirmation of the exchange rate used in the currency smoothing mechanism to convert the milk price for this quarter.
Ash Amirahmadi, Arla's head of milk and member services, commented: "Commodity markets continue to show their recent negative trend and trading conditions are difficult. We maintain our focus on maximising the returns for our members at a challenging time."