Milk price changes

Updated 04 November 2021

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

Overview

There was another flurry of milk price increases in November, with many processors following in the footsteps of those who increased in October. This month, increases on market-led contracts were in the range of 0.50-1.5ppl, with many opting for a 1ppl increase. This reflects the increases in dairy product prices seen over the last few months. Additionally, Tesco aligned contracts have risen by 0.7ppl following the latest review – this reflects increasing costs of production.

Looking ahead, several companies have already announced for December. These include First Milk, Crediton, Glanbia and Belton, all increasing by 1ppl, while Saputo will increase by 1.5ppl. South Caernarfon Creameries, who last announced a change in July, will be increasing by 1.5ppl in December and then another 1ppl in January. Barbers Cheesemakers have declared a price hold in December.

In related news, Arla has announced that it will be increasing its 13th payment from 1€c/kg to 1.5€c/kg – a 50% increase. This will be paid out in two instalments, at half year and full year (September and March), but is dependent on the cooperative achieving an annual net profit of at least 2.8% of revenue.

In general, these price increases follow improved market returns, as shown by the higher values for AMPE and MCVE in recent months. This will be welcome to farmers, who have been facing increasingly higher input costs. However, processors are also facing margin pressure due to higher costs, which may limit how much prices can increase in the future, unless market returns are adjusted in line with the increase in costs.

 

The most recently announced milk price changes can be downloaded below.

Additional information

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

Download dataset

Latest milk price changes

While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.

All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at info@ahdb.org.uk  © Agriculture and Horticulture Development Board. All rights reserved. 

×