Milk price changes
Updated 08 April 2021
The latest publicly announced milk price changes as reported by the processors.
In April, all announced milk price changes were positive. For companies included in the AHDB league table, there were five price increases reported which ranged from +0.25ppl to +1.40ppl. These included Arla Direct, Arla Manufacturing, and some retailer aligned contracts.
Looking ahead to May, Saputo has announced it will be increasing prices by 1ppl, followed by another 0.5ppl increase in June. First Milk announced a 0.50ppl increase, while Arla direct suppliers (conventional and organic) will see an increase of 0.75ppl. Following its regular cost review, the Tesco aligned price will be adjusted up by 0.86ppl. Barber’s Cheesemakers have announced a hold on price for May.
The positive movement in farmgate milk prices follows the upward trends seen on wholesale markets in recent months. Solid results at recent GDT events are being shadowed in UK wholesale prices, with both butter and bulk cream showing particular improvement. However, trade friction remains an issue, especially for fresh products. As we approach the seasonal lift in milk production, demand from buyers seems to have tempered. As such, market balances will make an interesting watch point as milk supplies increase over the coming months.
The most recently announced milk price changes can be downloaded below.
The milk price changes may not be fully reflected in the AHDB League Table.