milkprices.com July spot milk price weighs in at 29.41ppl
Posted on: 09/09/20
This figure is used by several liquid processors as a reference point for farmgate prices.
Note the 29.41ppl is a delivered to the customer price from which a realistic 2.5ppl deduction for haulage, testing and a broker margin nets back to an ex farm equivalent of 26.91ppl.
www.milkprices.com compare this to the July 2019 average of 23.84ppl which was 3.07ppl lower than 2020 and compared to the June 2020 average (23.65ppl) it represents an increase of 3.26ppl.