From 1 March 2011, First Milk will increase the price they pay to producers in their liquid and balancing pools by 1.12ppl and 0.25ppl respectively. These moves are as a result of improved market returns in tandem with a continued drive on profitability within the First Milk business.
These March price increases, on top of advances already announced for February, mean that the First Milk liquid pool price is now 25ppl*, with the balancing pool price increasing to 24.52ppl*.
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