Milk price changes
Updated 06 May 2021
The latest publicly announced milk price changes as reported by the processors.
There were further positive price movements in May. For companies included in the AHDB league table, there were nine price increases reported which ranged from +0.5 to +1.36ppl. These applied mainly to manufacturing and aligned liquid contracts, although Crediton also reported an increase.
Looking ahead, several companies have already announced price increases for June or July, with increases ranging from +0.5 to +2.5ppl. These include increases by some of the processors currently sitting at the bottom of the league table.
These positive movements in farmgate prices follow the general upward trends seen on wholesale markets in recent months. There has been some weakness on the markets in more recent weeks as we approach the flush, and things could be particularly tight this year as trade friction makes it more difficult to export surplus fresh product to the EU. However, as it can take a few months for market movements to reach farmgate prices, market gains from previous months are supporting the June and July price increases.
The milk price changes may not be fully reflected in the AHDB League Table.