First Milk has announced that its milk price for December will be held at 28.5ppl for the liquid standard litre with four per cent butterfat and 3.3 per cent protein.
This equates to 29.47ppl on a manufacturing standard litre, with 4.2 per cent butterfat and 3.4 per cent protein, price.
Commenting on the announcement, Jim Baird, vice-chairman and farmer director, said: ‘The dairy commodity markets have weakened significantly in recent weeks and this puts pressure on milk prices.