Arla Foods Amba Confirms May Milk Price – eDairyNews
Countries United Kingdom |26 abril, 2017

UK | Arla Foods Amba Confirms May Milk Price

Although Arla Foods amba is decreasing its on-account price for conventional milk by one eurocent per kilogramme from 1 May 2017, the UKAF board has taken the decision to maintain the conventional price in the UK at 28.13 pence per litre*.

Commenting on the UKAF Board’s decision, Jonathan Ovens, Arla Foods amba board director said: “The one eurocent Arla Foods amba reduction has been fully reflected in UKAF’s cash flow.

“However, to avoid the unintended consequence of a double on-farm impact of a milk price reduction at the same time as maximum seasonality deductions, the board has adopted a pragmatic and prudent approach to use expected future benefits from the currency exchange mechanism to balance the milk price throughout May.

“Over the calendar year of 2017, and in accordance with Arla’s farmer-owned principles, the cash flow will be balanced and money in will equal money paid out.

“The UKAF board will continue to carefully monitor the cash flow and ensure that the integrity of the Arla Foods amba payment model is protected.”
Source: TheCattleSite

Link: http://www.thecattlesite.com/news/51335/arla-foods-amba-confirms-may-milk-price/

 

Any claim arising from the information contained on the eDairy News website will be submitted to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentine Republic, with a seat in the City of Córdoba, to the exclusion of any another jurisdiction, including the Federal.

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Related news