AMPE rockets to 54.48ppl with MCVE 49.95
Posted on: 28/03/22
Both AMPE and MCVE market indicators continue to smash their all-time records with AMPE jumping a whopping 5.62ppl in one month to give a new March value of 54.48ppl (source AHDB Dairy)
AMPE is The Actual Milk Price Equivalent and is an indicator of the factory gate value of a litre of milk which goes into Butter and SMP.
MCVE is The Milk for Cheese Value Equivalent and is an indicator of the factory gate value of a litre of milk which goes into mild cheddar and whey powder/butter.
Both are assessed monthly by AHDB Dairy and based on UK wholesale price movements.