• The December Müller Direct Milk Formula price calculated from the October AHDB Dairy review of the five parameters used within the jointly developed Liquid Formula Contracts delivers an increase to apply of +1.272/l – and takes the Formula price back up to exceed 30p/l for those that made early ‘sign up’ commitments from April 2014.

    This providing new standard litre prices of 29.890p/l for those supplying via the Simplified & Core Formula Contract (July/Oct 2014 applicants), and 30.080p/l for Core Formula Contracts incl the April 2014 sign up +0.19p/l premium (source milkprices.com flagship league table).

    The next price review utilising AHDB data for November delivering the January 2017 Formula price will be its last, this following Müller’s decision to serve 12 months notice on this contract variant from January 2016.

    For more details and commentary click on the Tab.