Müller and Arla have both announced further cuts to their conventional milk price.
The two dairy giants have cut their farmgate prices by more than 3ppl this month as demand issues continued.
Arla has reduced its price paid to farmers by 3.51ppl from 1 January, bringing the conventional price down to 35.73ppl, citing continued high milk supplies globally and in the EU and flat retail sales.
Müller has also cut its price by 3ppl under its Advantage programme, bringing the price down to 35.5ppl for February.
“There is still considerable pressure across dairy markets,” said Richard Collins, agriculture director at Müller Milk & Ingredients. “Our daily milk collection volumes are still much higher than this time last year and we’re seeing further market price reductions.
“Supply and demand is continuing to be monitored closely.”
Arla has not changed its price paid for organic milk but has said the market for organic is “uncertain”.
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