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More Dairy market news

28 May 2020

A look at how the market value for milk is expected to move through the remainder of 2020

26 May 2020

Our most recent survey of major milk buyers suggests that in April there were an estimated 8,380 dairy producers in GB.

22 May 2020

We estimate that COVID-19 has cost GB producers approximately £28 million in April and May. But how does this vary between the devolved nations?

22 May 2020

Markets saw further improvements this past week, driven by reduced milk availability as much as improved demand.

22 May 2020

GB daily milk deliveries fell 0.9% on the week, for the week ending 16 May 2020

20 May 2020

UK dairy exports had a mixed performance in the first quarter of 2020, with some categories in growth but other key categories in decline.

18 May 2020

GB daily milk deliveries for the week ending 9 May averaged 37.01 million litres per day, up 0.4% on the previous week.

15 May 2020

Markets firmed in the past week as some demand has returned to the markets.

14 May 2020

Applications for placing product into PSA varied across the EU, with cheese having the most uptake.

14 May 2020

After a sluggish start to the growing season, grass growth has since been more positive.

13 May 2020

With dairy product markets showing sharp drops in value recently, why is the MMV not reflecting these?

13 May 2020

We take a look at what has been happening in some of the key regions for the global dairy market.

13 May 2020

We take a look at how COVID-19 has affected key input markets.

12 May 2020

We look at how dairy farmers have been impacted differently across the various GB nations.

11 May 2020

The call for some farmers to curb milk production in April reduced overall volumes by an estimated 23 million litres of milk

7 May 2020

A series of price changes following the lockdown has widened the range in farmgate milk prices.

7 May 2020

Signs of improved demand keep markets stable as we approach peak.

7 May 2020

The COVID-19 outbreak has introduced a great deal of challenges into the dairy market. Some farmers may cull less profitable, or ‘passenger’ cows to reduce costs and milk production. But what could an increase in culling rates look like, and what would be the impact on the beef supply chain?

6 May 2020

Spring 2020 short term outlook for EU dairy markets

6 May 2020

On 4 May, the EU Commission formally adopted the regulations to open a private storage aid (PSA) scheme for dairy products.

4 May 2020

GB daily milk deliveries for the week ending 25 April averaged 36.55 million litres per day, up 0.5% on the previous week.

1 May 2020

Market prices showed little change on last week, although remained at low levels.

29 April 2020

How many dairy farmers have been affected by the loss of foodservice, and what are the financial implications?

28 April 2020

Demand for dairy products in GB is currently running around 2m litres per day lower than it was before the Covid-19 lockdown, despite higher retail sales.

28 April 2020

The loss of liquid and fresh demand has an immediate impact on milk processing capability in the country.

27 April 2020

GB milk deliveries rose by 0.5% week-on-week for the week ending 18 April, which is a small lift for the time of year.

27 April 2020

Prices firmed slightly for spot milk and cream; butter and SMP prices continued to fall.

23 April 2020

Reduced demand for the core products of WMP and SMP has prompted a fall of 4.2% in the GDT Price Index at the latest trading event.

23 April 2020

The solids content of the milk is the real key factor for much of the dairy industry; we take a look at what that content could look like in 2020/21.

23 April 2020

The EU have proposed new support measures for the agri-food sector, including the opening of dairy PSA

22 April 2020

During March, soya meal markets recorded elevated levels of support in the face of coronavirus. Global demand for feed increased, while global availability fell. Countries that had first entered lock-downs experienced large-scale logistical disruptions. Recently, with global soya supply at a high, soya meal prices have since retraced back to pre-March levels. This has provided some respite for the UK livestock industry, which makes use of imports for protein feed sources.

21 April 2020

GB daily milk deliveries were 36.09ml in the 7 days ending 11 April, up 1.4% on the previous weekly average and in line with forecasted volumes.

16 April 2020

Rabobank has revised its market outlook for the coming year, taking into account the impacts of coronavirus.

16 April 2020

The upheaval in dairy markets of the last few weeks calmed slightly this week.

16 April 2020

Falling cream value reduces cream income to a liquid processor to lowest level since May 2016.

16 April 2020

As the European wholesale SMP price continues to fall, could we see sellers turning to intervention in the near future?

15 April 2020

Just as in the UK, across the pond, some US dairy producers are being left with no option but to dispose of milk on farm, due to challenges in the supply chain.

14 April 2020

GB daily milk deliveries record milk collected and delivered to processors, meaning milk not collected will not be included.

9 April 2020

This week has seen spot markets under further pressure as increasing amounts of milk became available.

9 April 2020

In contrast to last year, grass growth has had rather a slow start to the season.

6 April 2020

EU public intervention for butter and skimmed milk powder (SMP) opened last month, and will be open for its usual period of 1 March to 30 September in 2020.

6 April 2020

Lockdown in March saw demand for meat, dairy and potatoes soar

6 April 2020

There will be 503 million more in-home meals eaten per week in this lockdown period.

3 April 2020

Weekly update of dairy markets 30 March - 3 April

1 April 2020

We look at the reasons why certain processors have announced such dramatic price changes.

1 April 2020

EU wholesale prices have been in decline, as markets become more restricted due to measures to prevent the spread of COVID-19

31 March 2020

The massive increase in retail sales, and loss of foodservice markets had differing impact on dairy wholesale prices.

26 March 2020

The UK total cattle and calf population was down 1.6% year on year on 1 December 2019

26 March 2020

GB milk production is expected to reach 12.52bn litres in 2020/21, according to our latest forecast. This will be level with where we expect the 2019/20 season to end.

25 March 2020

Following another week of rapid changes, we have put together a summary of the key changes and challenges facing the dairy industry.

23 March 2020

We look at whether higher retail milk sales can offset the drop in foodservice.

19 March 2020

EU dairy futures have shifted down as the impact of the virus continued to be felt across the industry

19 March 2020

We take an initial look at how the coronavirus pandemic is impacting dairy and livestock markets.

11 March 2020

Defra has released its Farm Practices Survey, conducted in the autumn.

11 March 2020

To better track milk solids production in the UK, we are adding a milk solids measure to our milk production webpage.

11 March 2020

We take a look at how the combination of products we trade affects the value trade balance.

10 March 2020

After six weeks of stagnation, milk production is now on the increase

4 March 2020

The UK trade balance for all dairy products* was positive in volume terms in 2019, with a surplus of 95k tonnes of product.

3 March 2020

EU-28 exports of butter products increased by 35% year on year in 2019, with UK exports up 11%.

3 March 2020

Standard litre and actual milk prices have diverged over recent months, but why?

27 February 2020

The price of cull cows has been following its usual seasonal trend, rising as the demand for manufacturing beef increases in the early part of the year.

27 February 2020

A look at why recent milk price changes have contrasted with the stability seen in Milk Market Value.

26 February 2020

The GB milking herd fell to 1.72 million head at the end of 2019, according to the latest BCMS data.

20 February 2020

The Global Dairy Trade price index was down 2.9% following the 18 February event.

20 February 2020

We look at how different rates of growth in milk production and processing has changed regional balances of milk

19 February 2020

The UK’s mozzarella trade deficit totalled 27.2k tonnes in 2019 - 44% smaller than in 2018.

19 February 2020

In Q4 2019, births to dairy dams recorded a decline of 2.2% on the year, as a result of tighter calving windows.

14 February 2020

Economic activity in China was much reduced for the New Year holiday, and then beyond as the government tried to limit the spread of coronavirus.

13 February 2020

UK farmgate prices remained remarkably steady across 2019, despite the uncertainty.

6 February 2020

Over the past decade, UK average butterfat levels have been rising. This increase in the longer term is likely a reflection of changing genetics within the milking herd.

6 February 2020

On 15 January, the US and China signed their 'phase one' trade deal. US exports of dairy are likely to benefit from the deal.

6 February 2020

In 1974, average per capita consumption was 140 litres per year, in 2018 average per capita consumption was 70 litres per year.

5 February 2020

The UK saw an annual increase in milk solids over the second half of 2019. This has also happened in the EU but by less significant amounts.

30 January 2020

A new report published by the Committee on Climate Change (CCC) suggested the increasing use of low-carbon farming practices, improving animal health, precision farming, planting more trees, restoring peatland, increasing the planted area of bioenergy crops and reducing food waste would help to achieve reductions in emissions.

29 January 2020

Over the last couple of years, there has been a shift away from the Holstein-Friesian breeds, in favour for crossbred cows.

29 January 2020

In mid-October 2019, the US applied retaliatory import tariffs to a wide range of EU products, including a selection of dairy products. Has this affected trade?

22 January 2020

Per capita milk consumption in the US has fallen by over 40% since 1975, affecting supply chain margins.

22 January 2020

UK butterfat levels in October and November were considerably above what we normally see at that time of year, likely a reflection of this season's silage quality.

21 January 2020

China has announced reductions to a range of import tariffs for 2020, including for whey and most cheeses.

16 January 2020

The pound saw two significant shifts through 2019, which gave extra swing to the relative price of European and British dairy commodities.

16 January 2020

Throughout GB average milk yields continued to track above the previous year, even though producers have moved back to a forage based system.

9 January 2020

As we enter a new decade we look at the key dynamics playing out in the dairy market and how they might influence the markets in the coming year

7 January 2020

Australia is currently facing extensive and severe bush fires, including in several key dairying regions.

30 December 2019

Despite Brexit uncertainty, exchange rate volatility, adverse weather and trade challenges, the value of milk in the UK has had its most stable period for more than a decade.

20 December 2019

The increase in volumes of milk paid on a constituents basis has led to a rising trend in solids production.

19 December 2019

EU production is expected to rise to 2030 despite environmental constraints, much of this will be due to improved yields.

13 December 2019

The latest update to the AHDB forecast sets expected GB milk production for 2019/20 at 12.58bn litres.

12 December 2019

For the year to date, the average weekly earnings for farm workers has continued a steady upward trend.

12 December 2019

The decline in the GB milking herd is expected to continue next year, however at a slower rate.

12 December 2019

Defra's provisional October milk price seems high compared to quoted standard litre prices. So what's driving up the overall average?

11 December 2019

According to the most recent forecasts from the five largest producing regions, global milk supply is estimated to grow by 1% in 2020.

11 December 2019

Our GB milk deliveries estimate for last month is 992m litres, the lowest level delivered in November for three years.

4 December 2019

Trends in EU wholesale pricing have differed across products, linked to the ease in which product can be sourced

2 December 2019

UK imports of Irish cheddar in 2019 are on track to be the highest for at least twenty years.

28 November 2019

GB milk production to October, second highest in 25 years

28 November 2019

The GB milking herd has continued to shrink. In October, there was 42K fewer cattle in the milking herd compared to last year. Meanwhile, the number of youngstock has begun to stabilise.

20 November 2019

Over the last couple of years, the British milking herd has been shrinking. However, the latest data suggests that is could stabilise in the future

20 November 2019

The overall price index rose 1.7% at the latest Global Dairy Trade (GDT) event. This is the fifth consecutive rise for the New Zealand based dairy commodity auction.

19 November 2019

UK cheese and butter exports were both up on the previous year in September, and year to date figures also showed strong growth.

19 November 2019

UK wholesale butter prices have been at a discount to EU prices since February 2019 but the gap has recently closed

15 November 2019

The GB cattle population as at 1 October 2019 fell compared to last year.

13 November 2019

Global milk production remains muted, recording only 0.5% growth in August.

13 November 2019

It’s often difficult to marry up milk price changes quoted by companies based on standard litres, and the official average milk price paid in the UK, as quoted by Defra. September was no exception, with the Defra average put at 29.68ppl, up 0.88ppl on August, and ahead of the vast majority of “standard litre” prices quoted in our own milk price calculator. So, why the difference?

13 November 2019

Cheese imports into Japan have been increasing year-on-year since 2014

7 November 2019

During the Q3, the number of calves born to dairy dams increase by 0.4% compared to last year.

6 November 2019

How much consumer demand changes differs across products, and will depend on the size of the price change as well as how important the price is in the decision to purchase the good.

5 November 2019

Defra has now released the most recent set of accounts for Farm Business Income in England.

5 November 2019

October returns for processors making butter and SMP exceeded returns for producing mild Cheddar for the first time in 16 months

31 October 2019

The use of dairy sexed semen has doubled in the last five years, according to our recent survey, with the last two years showing a marked increase

24 October 2019

So far this year, UK milk prices have tracked around £0.20 per kg of solids below the average of the main milk producing countries in the EU.

24 October 2019

Global milk supplies for 2019 are set to end up on a par with last year based on the latest forecasts.

23 October 2019

The price has moved from $6.25-$7.25 to $6.55-$7.55 per kg milksolids (kgMS)

23 October 2019

Most recent survey shows a 0.4% reduction in dairy producers since March this year

22 October 2019

The milk surplus in Scotland is set to surpass 200m litres in 2019/20.

17 October 2019

From 18 October, approximately 75% of cheese and 93% of butter sent to the US from the EU will be subject to tariffs under the new regime.

15 October 2019

The absence of any increase in processor's sales price for milk, combined with falling cream returns, will have reduced overall revenues and margins since the beginning of the year.

15 October 2019

Milk processing capability in Wales has fallen, leading to an increase in milk transported to England for processing

9 October 2019

The UK government announced revisions to the temporary tariff schedule which will apply to imports in the event of a no-deal Brexit. Further import tariffs have been announced for some cheeses, although the rates have not increased.

9 October 2019

Cheddar prices have been stable, but whey prices are down, affecting processor returns for cheese

4 October 2019

UK butter and cheese exports to the US will face higher tariffs from 18 October, following the announcement that the US can apply up to $7.5 billion of retaliatory tariffs a year on products imported from the EU.

25 September 2019

The latest GB milk production forecast puts expected volumes for 2019/20 at 12.58bn litres.

11 September 2019

Limited growth in milk supplies in the second half of the year points to relatively stable dairy markets at home and abroad.

5 September 2019

high production is weighing on farmgate milk prices, especially for those supplying the liquid market

4 September 2019

Silage stocks are sitting pretty this year, according to feedback at AHDB’s latest milk forecasting forum. After the difficulties of last year’s hot, dry summer, grass growing conditions have, in general, been significantly better in 2019.

28 August 2019

The GB milking herd has continued to shrink, according to the latest data from BCMS.

21 August 2019

Over the next decade, global consumption of fresh and processed dairy products is expected to increase by 2.1% and 1.5% a year respectively. Rising consumption in developing countries is expected to drive most of this growth.

14 August 2019

Raw milk supplies in the EU have seen limited growth so far in 2019. The total volume of milk deliveries in the 12-months to May 2019 was 0.2% higher, and 0.5% higher in terms of solids. The impact on availability of dairy products however has varied.

13 June 2019

The potential impact of African Swine Fever on dairy demand in China

5 June 2019

The GB milking herd has been reducing since 2015, but the move towards beef inseminations from 2015/16 exacerbated the situation.

16 May 2019

A look at the dairy markets and where they might go next

18 April 2019

Could the UK be self sufficient in mozzarella if trade is disrupted under a no-deal scenario?

4 April 2019

In a no-deal, the UK would face a tariff on butter exports sent to the EU. This would make the majority of UK butter uncompetitive on EU markets.

28 March 2019

Our survey of major milk buyers suggests there are currently around 8,850 dairy producers in GB.

21 March 2019

Following the UK Government’s no-deal import tariff announcement last week, we take a closer look at what the changes might mean for UK dairy trade.

12 March 2019

We look at how the cheddar industry has moved on over the last two years in preparation for Brexit.

9 January 2019

There are a number of conflicting dynamics playing out in the dairy markets at the moment.