After increasing its milk price by 1.5 eurocent per kg in April and maintaining the price into May, the Arla Foods amba on account price will reduce by one eurocent per kg with effect from 25 May 2015.
When applied to the UK standard litre, the impact will be a reduction of 0.84 pence taking it to 24.99 pence.
Commenting on the announcement, Ash Amirahmadi, Arla UK’s head of milk and member services, said: “Following a brief market upturn, which we were able to reflect in our milk price, the commodity markets continue their negative trend. Whilst we continue to do everything possible to minimise the impact, unfortunately, we have not been able to buck the market. The entire global dairy industry has been affected by these market forces.”
