Arla increases milk prices for farmers in October

Arla has announced an increase in milk prices for its farmers starting in October. Both conventional and organic milk prices will rise by 22.1 öre per kilogram.

Due to a quarterly currency adjustment, the Swedish milk price will be negatively impacted by 1.8 öre per kilogram. Consequently, the a conto price for October will be 508.8 öre per kilogram for conventional milk and 667.1 öre per kilogram for organic milk.

The company noted that global milk volumes are stabilizing at high levels, with industrial prices showing better balance driven by strong demand for protein. While mozzarella prices in Europe have seen a slight decrease, gouda prices have risen rapidly due to limited supply and high demand. Additionally, global milk powder markets have strengthened, particularly for skimmed milk powder, as supply decreases in key exporting nations like the United States.