First Milk: A Leading Dairy Cooperative in the UK

First Milk is a prominent dairy cooperative headquartered in Glasgow, Scotland. It plays a significant role in the UK dairy industry, adapting to market conditions with strategic pricing and a focus on sustainability.

Financial Indicators

First Milk has implemented a dynamic pricing strategy to ensure sustainable financial outcomes for its members. Recently, the cooperative increased its milk price by 1.25 pence per litre to 45.35 pence per litre, but due to a demand-supply imbalance, adjustments were made, resulting in a current price of 34.72p for standard milk and 35.85p for manufacturing milk. These changes reflect First Milk's proactive approach to managing ongoing market challenges.

Important Events

First Milk has taken significant steps to enhance productivity and sustainability. They conduct annual carbon footprint assessments at Sychpant Farm to minimize environmental impacts. The cooperative has also successfully integrated BV Dairy, which reinforces their expansion efforts and dedication to sustainability. Their excellence was recognized at the British and Irish Cheese Awards, where they earned 12 prestigious medals for their cheese and dairy products.

Company Plans

Looking ahead, First Milk plans to invest further in sustainable farming practices and innovative solutions. They aim to enhance product value and strengthen environmental sustainability by leveraging their network of farms and forming strategic partnerships. Their involvement in the Dairy Roadmap Coalition underscores their commitment to environmental progress across the supply chain.

Despite challenging market conditions, First Milk remains dedicated to supporting its members and maintaining a resilient supply chain. As part of their regenerative farming programme, First Milk is engaging 21 dairy farmers in a project to capture groundwater and improve soil health. In December, they plan to reduce the standard manufacturing litre by 6p to 35.85p per litre, including the member premium, as a response to the ongoing supply-demand imbalance. A further reduction by 2 pence per litre, effective from February 1, 2026, will bring the price to 30.25 pence per litre, as explained by Vice-chairman Mike Smith.

Modified: 2026/02/06