Company Name: First Milk

Location

Headquartered in Glasgow, Scotland, First Milk operates as a dairy cooperative entirely owned by British dairy farmers.

Financial Indicators

Recently, First Milk adjusted the price of milk by increasing it by 1.25 pence per litre to a new rate of 45.35 pence per litre. This change reflects the cooperative's strategy to provide sustainable financial returns while navigating market conditions. However, a subsequent decrease of 0.5 pence per litre is planned for June, illustrating their dynamic pricing approach. Additionally, the cooperative announced that its milk price for August will remain unchanged at 44.85p per litre, inclusive of the member premium.

Important Events

First Milk has been active in enhancing both productivity and sustainability. They have initiated annual carbon footprint assessments at Sychpant Farm, showing their dedication to reducing environmental impacts. The successful integration of BV Dairy marks a significant milestone, expanding their reach and commitment to sustainability. At the British and Irish Cheese Awards, First Milk's excellence was recognized with 12 prestigious medals for their cheese and dairy products.

Company Plans

Looking forward, First Milk aims to invest in sustainable farming practices and innovative solutions. By leveraging their network of farms and forming strategic partnerships, they seek to enhance product value and strengthen environmental sustainability, aiming to maintain a resilient supply chain. The cooperative's involvement in the Dairy Roadmap Coalition further emphasizes their commitment to environmental progress across the supply chain.

Modified: 2025/08/16