Dairy wholesale price volatility

Tuesday, 31 March 2020

By Chris Gooderham

Our latest UK wholesale report covers the period 1 to 27 March, and includes spot trade after the closure of UK eating-out establishments (from 21 March).

The massive increase in retail sales, and loss of foodservice markets had differing impacts on dairy wholesale prices.

  • Butter prices generally weakened through the month, with buyers stepping back due to uncertainty over future demand.
  • Cream held up well initially but fell later in the month as milk production increased.
  • SMP saw the biggest drop in the month, due to the backlog of exports into China and expectation of increased supplies.
  • Mild cheddar prices increased. Tight supplies and a spike in retail sales helped offset the loss of foodservice sales.

Due to the rapidly changing trading landscape brought about by the coronavirus outbreak we will be providing weekly wholesale market updates until further notice.

UK dairy wholesale prices

Coronavirus information hub

Image of staff member Chris Gooderham

Chris Gooderham

Head of Market Specialists - Dairy & Livestock

See full bio

Sign up for regular updates

You can subscribe to receive Dairy market news straight to your inbox. Simply fill in your contact details on our online form and select the information you wish to receive.

Visit the Keep in touch page

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.