• The August Müller Direct Milk Formula price calculated from the June AHDB Dairy review of the five parameters used within the jointly developed Liquid Formula Contracts records an increase of +0.452p/l. This being the first increase recorded during 2016.

    This delivering new standard litre prices of 24.833p/l for those supplying via the Simplified & Core Formula Contract (July/Oct 2014 applicants), and 25.023p/l for Core Formula Contracts incl the April 2014 sign up +0.19p/l premium (source milkprices.com flagship league table). If the current markets influencing the Formula parameters are sustained, then further increases will result across the coming months.

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