Milk price changes

Updated 04 July 2024

The latest publicly announced milk price changes as reported by the processors.

Cheese prices boosted in July, whilst aligned contracts hold steady

In July, we saw price increases across most contracts on the AHDB league table. In particular, strength was seen in cheese and manufacturing contracts, with all reported contracts recording increases in the range of 0.20ppl to 1.50ppl.

On aligned contracts, most buyers on the AHDB league table held their prices from the previous month. The exception to this was Sainsbury’s, whose price lifted by 0.20ppl from the previous month.

Looking to non-aligned liquid contracts, most buyers lifted for the second consecutive month. Payne’s dairy saw the greatest increase, up 2.00ppl, whilst both Muller Direct and Graham’s Dairy moved up by 1.00ppl. Crediton Dairy inched up the price by 0.75ppl, whilst Freshways held their price from the previous month.

Cheese contracts saw the largest growth in July, with all buyers on the AHDB league table increasing prices this month. The greatest increases were seen for Leprino and South Caernarfon Creameries, both up 1.50ppl. Prices moved up by 1.00ppl for Barbers, Belton Cheese, Parkham Farms, and Wensleydale Creamery increased by 1.01ppl. Slightly smaller increases were seen for First Milk Manufacturing, Wyke Farms and Saputo of 0.80ppl, 0.71ppl and 0.050ppl, respectively.

All manufacturing contracts on the AHDB league table saw growth, between 0.40ppl and 1.50pp.  Arla Direct Manufacturing contracts were up 0.43ppl for the second month in a row, whilst Meadow Foods increased by 1.50ppl. Pattermores Dairy increased their price by 1.00ppl for the second consecutive month, whilst UK Arla Farmers Manufacturing inched up 0.81ppl.

The milk price changes may not be fully reflected in the AHDB League Table.

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