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First Milk to increase price it pays to liquid pool by 1.5p

First Milk is increasing the price it pays to its liquid pool by 1.5p per litre (ppl) to 27.9ppl from October 1.

Producers in its cheese and balancing pools will receive 1ppl from the same date, lifting their price to 27.5ppl.

Kenneth Campbell, NFU Scotland Milk Committee chairman, said: “Significant progress in terms of efficiency and governance, along with a huge appetite and ambition to look at alternative markets, has allowed First Milk to significantly improve their performance over recent years.