Muller, the UK’s second-largest milk processor by producer numbers, has dropped its standard milk price by 1.5p/litre from 1 April.

The widely anticipated price fall moves the producer’s price to 26.5p/litre for milk with constituents of 4% butterfat and 3.3% protein for its 700 Muller Direct farmers.

The processor cited falling values for wholesale butter and cream in the past six months, as well as an increase in milk production, as reasons for the falling price.

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