UK-based dairy processor First Milk has announced that its milk price will remain unchanged for March.
The move means its milk price on a manufacturing standard litre will sit at 45.35p per litre, including the member premium.
Owned by around 700 farming families, First Milk said there had been 'softening' in some of the dairy markets.
Mike Smith, vice-chairman said: "With our business performing in line with expectations, we are pleased be able to provide continued stability in our milk price.
"As always, we continue to work hard to maximise returns for our members.”
• In-depth reporting for the UK farming industry • See the UK's upcoming country shows and events • Apply for new agricultural jobs across the UK • Explore the UK's largest agricultural directory • See what is popular in British farming with the latest news • Find the latest agri courses around the UK
