Milk Link has also announced a 0.75 pence per litre (ppl) increase in its member milk price effective from 1 July 2010. The increase means that Milk Link’s standard litre price for manufacturing milk will be 24.5ppl and for liquid milk 24.72ppl.
The latest increase follows a 0.5ppl rise in Milk Link’s member price from 1 May and the payment, at the end of May, of a £3.3m processing interest payment (equivalent on average to 0.35ppl) as a return on Milk Link members’ investment in their added value dairy processing business.
Source: Milk Link
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