EU Milk for Cheese Value Equivalent (MCVE)

Updated 28 July 2020

These EU Milk for Cheese Value Equivalent (MCVE) values show how the UK is performing against other EU countries when it comes to deriving value from milk. These are updated on a monthly basis. 


The data has been developed so comparisons can be made between the countries and as an indication of why milk prices may be different between those countries. 

These indicators offer a broad, general estimate of market returns and should only be used as a basis for identifying possible trends. For the latest EU wholesale prices, click here.