First Milk to Reduce December 2025 Milk Price Amidst Market Challenges

Mike Smith, who serves as the farmer director and vice chairman of First Milk, acknowledged the challenging nature of this decision. He stated, "We recognise that this is very disappointing news for all of our members and it was not a decision that was taken lightly." The adjustment comes as the company navigates the ongoing disparity between supply and demand that has negatively impacted dairy markets and their financial returns.

The price adjustment is part of a broader effort by First Milk to maximize the value of their members' milk and to drive operational efficiencies. These initiatives are aimed at improving future returns amid current market challenges. The company's strategic focus remains on adapting to the evolving market landscape while maintaining the financial sustainability of its operations.