Farming News - Arla Foods amba confirms hold for April milk price
Arla Foods amba confirms hold for April milk price
The Arla on-account prices for conventional and organic milk will remain unchanged for April 2020. However, there will be a slight quarterly currency adjustment downwards of 0.15 pence per litre. When applied to the UK manufacturing price Arla’s pence per litre for its farmer owners for conventional milk will be 30.79 pence and the organic price 39.83 pence per litre, from 1 April.
Arla Foods amba board director, and farmer owner, Arthur Fearnall, said: “The entire global economy is overshadowed by the effects of the COVID-19 pandemic and the actions taken by governments across the world to limits its spread. The dairy market is no exception, where we are seeing volatility in both demand and prices across all product categories and markets. It is, however, too early to assess what the overall impact on the dairy market will be and we are following market developments closely.”
Ash Amirahmadi, managing director at Arla continues: “We have mobilised our business and are working around the clock to keep our people safe and to supply customers with the products that they want. These are challenging times and it is encouraging to see the grocery retail sector and farming pulling together. I would like to thank every individual working across Arla, from farm to store delivery, as they continue to work exceptionally hard to prioritise getting milk on the shelves, to deliver for Britain.”