The UK’s largest dairy co-operative Arla is holding its milk price for May at 27.43 pence per litre.
Commenting on Arla’s decision to hold its price, Arla Foods amba board director, Johnnie Russell, said: "Commodity markets and prices remain stable and we have seen some strengthening in recent days as milk production volumes remain low, due to the recent adverse weather conditions."
Last month, Arla announced it would drop its UK milk price for April by 2.16ppl. Since December, Arla farmers have seen a total drop of 5.19ppl.
The National Farmers' Union (NFU) has previously urged Arla to "speed up its commitments" to looking at risk management options for its suppliers.
