DOC Kaas and Arla also leave the milk prices for August untouched. Both processors...
DOC Cheese pays for the standard Dutch contents and an annual delivery of 1 million kilos next month a milk price of €37,95 per 100 kilos. Under the same conditions, Arla's is €40,24. In practice, the milk price for both processors will often be slightly higher, thanks to sustainability surcharges.
Dairy cooperative Arla is moderately positive in its explanation of the change. Retail sales are showing a slight upward trend as food inflation eases. The global milk supply is also showing weakening growth. At the same time, future consumer spending remains uncertain.
Earlier today FrieslandCampina also announced to keep the milk price the same in August.