First Milk: A Leading Dairy Cooperative in the UK

Company Overview: First Milk is headquartered in Glasgow, Scotland, and operates as a dairy cooperative entirely owned by British dairy farmers. The cooperative plays a key role in the dairy industry, emphasizing sustainable practices and innovation.

Financial Indicators

Recently, First Milk adjusted its milk pricing strategy to reflect market conditions and ensure sustainable financial returns for its members. The price was increased by 1.25 pence per litre, setting it at 45.35 pence per litre. A planned decrease of 0.5 pence per litre for June and a stable price of 44.85 pence per litre in August, including the member premium, illustrate their dynamic approach to pricing. Additionally, the cooperative confirmed a price reduction for milk in November 2025 by 2 pence per litre, down to 41.85 pence per litre, due to a demand-supply imbalance in the market.

Important Events

First Milk has been proactive in enhancing productivity and sustainability. They have initiated annual carbon footprint assessments at Sychpant Farm, demonstrating their commitment to reducing environmental impacts. The successful integration of BV Dairy highlights their expansion and dedication to sustainability. Furthermore, First Milk'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 towards the future, 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. 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. First Milk will reduce its standard manufacturing litre by 6p to 35.85p per litre, including its member premium, in December. Vice-chairman Mike Smith described the move as 'very disappointing but necessary' due to the ongoing supply-demand imbalance.

As a cooperative involved in regenerative farming, First Milk engages 21 dairy farmers in a project to capture groundwater and improve soil health as part of their regenerative farming programme.

Modified: 2025/11/17