Dairy co-operative Arla has introduced an extra milk value enhance from August, breaking the 50 pence per litre barrier.
From 1 August, there might be a rise of 90p per litre to the Arla on-account value for standard milk and 0.90ppl rise for natural.
It will enhance the farmgate milk value for the usual manufacturing litre to 50.35 ppl for standard and 56.01 ppl for natural milk.
The value enhance comes as UK inflation sits at a 40-year excessive, with farmers persevering with to face surging prices for feed, fertiliser and gas.
Arla Meals amba board director, Arthur Fearnall stated the persevering with on-farm price pressures for feed, fertiliser and gas had been ‘additional exasperated’ during the last month because of the excessive dry climate.
“Commodity costs have weakened in current weeks nevertheless, they nonetheless stay at a excessive stage. The outlook is secure,” Mr Fearnall stated.
Paul Savage, agriculture director for Arla UK added: “As a cooperative, it’s critical that we proceed to help our farmer homeowners throughout this vital inflationary interval.
“On-farm price pressures proceed to dampen the general provide of milk throughout Europe and the acute dry climate has added further strain to our farmer homeowners and consequently, their on-farm prices.”