Milk price changes
Updated 08 January 2020
The latest publicly announced milk price changes as reported by the processors.
The majority of milk processors held their price in January, though there were still a handful of changes announced. These price changes were mostly positive, with price increases of 0.25-0.50ppl, with a couple of those on retailer aligned contracts. However there was also a 1.02ppl decrease announced for the UK Arla Farmers Manufacturing contract.
Looking ahead to February, Arla has announced that it will be applying a 0.75ppl reduction for its direct milk suppliers. Saputo and Barber’s Cheesemakers have announced they will be holding prices. DCD and Saputo Dairy had previously agreed there will be no price reductions in the first quarter of 2021. Coop and Tesco aligned pool prices have been adjusted up by 0.22ppl and 0.4ppl respectively, following quarterly cost reviews.
With the UK back under varying degrees of lockdown, demand continues to be uncertain. However, the latest series of lockdowns have at least occurred several months before peak milk production, which should help lessen the immediate impact on the markets compared to the first lockdown last March. Nevertheless, the situation could have influence on milk prices going forwards.
The most recently announced milk price changes are available in the downloadable file below.
The milk price changes may not be fully reflected in the AHDB League Table.