• 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.

    For more details and commentary click on the Formula Tab.