AMPE and MCVE
Update 28 October 2019
The Actual Milk Price Equivalent (AMPE) and Milk for Cheese Value Equivalent (MCVE) that provide general estimates on markets returns. They are based on wholesale price movements and are used as a basis to identify market price trends. They are updated on a monthly basis.
- AMPE (Actual Milk Price Equivalent) is an indicator of the factory gate value of a litre of milk used for butter and skimmed milk powder
- MCVE (Milk for Cheese Value Equivalent) assess returns from mild Cheddar and whey powder/butter.
Please note that AMPE and MCVE calculations do not include the cost of transport of milk to the dairy.