Arla Foods amba is holding its milk price for November for its owners across seven countries, including the UK.
However, the forecasted 2014 13th payment has reduced to 0.57ppl, as a result of the implementation of the new retainment policy. With effect from 27 October the UK standard litre, which includes the forecasted 13th payment, is 28.47 pence.
Commenting on Arla holding its milk price during November, Ash Amirahmadi, Arla UK’s head of milk and member services said: “Arla maintaining its milk price during November draws a line in the sand and creates much needed stability for our owners. However, the market environment continues to be challenging with ongoing pressure on prices on most markets.”
The changes to the retainment policy, which impact on the 13th payment, were voted for by Arla’s Board of Representatives at its meeting on 8-9 October. Twenty UK Arla farmers sit on Arla’s Board of Representatives and represent UK farmer owners’ within Arla Foods amba.
Arla Foods is a global dairy company and co-operative owned by 13,500 dairy farmers circa 3,000 of whom are British.
Dating back to 1881, Arla’s purpose is to secure the highest value for its farmers’ milk, while creating opportunities for their growth. With production facilities in 11 countries and sales offices in a further 30, Arla is the world’s sixth largest dairy company and largest supplier of organic dairy products. Arla has a total of more than 18,000 colleagues and its products are sold under the well-known brands Arla®, Lurpak® and Castello® in more than 100 countries.
Arla Foods UK is the largest dairy company in the country and is home to leading dairy brands Anchor, Cravendale, and Lactofree. It processes 3.5 billion litres of milk a year and has a turnover of £2.2 billion. As well as being number one in fresh liquid milk, butter, spreads and cream, Arla is the UK’s largest cheese manufacturer. It has also built the world’s largest fresh milk facility located at Aylesbury and has plans for it to be the first zero carbon site of its kind. The UK business has a team of approximately 4,000 colleagues located at its dairies, distribution centres and head office.
