First Milk: A Leading Dairy Cooperative in the UK

Company Name: First Milk

Location: Glasgow, Scotland

Financial Indicators

First Milk has strategically adjusted its milk pricing to align with market conditions, ensuring sustainable financial outcomes for its members. The cooperative recently increased its milk price by 1.25 pence per litre to 45.35 pence per litre. However, due to a demand-supply imbalance, a series of adjustments led to a price reduction, culminating in a price of 34.72p for standard milk and 35.85p for manufacturing milk. These changes highlight the cooperative's dynamic pricing approach amid ongoing market challenges.

Important Events

First Milk has been proactive in enhancing productivity and sustainability. They initiated annual carbon footprint assessments at Sychpant Farm to reduce environmental impacts and successfully integrated BV Dairy, reinforcing their expansion and dedication to sustainability. The cooperative's excellence was recognized at the British and Irish Cheese Awards, where they received 12 prestigious medals for their cheese and dairy products.

Company Plans

Looking to the future, First Milk plans to invest further in sustainable farming practices and innovative solutions. By leveraging their network of farms and forming strategic partnerships, they aim to enhance product value and strengthen environmental sustainability. Their participation in the Dairy Roadmap Coalition highlights 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 engages 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 necessary adjustment due 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: 2026/01/17