3ppl late milk price increase announcement for suppliers to Long Clawson (cheese)

Back on the 6^th June this bulletin highlighted three remaining cheese processors who were yet to declare their 1^st July farmgate milk increase.

One was Long Clawson who waited until July before  its suppliers were notified of a 3ppl 1^st July increase taking producers manufacturing standard litre price to 46.37ppl with what is the final July 1^st Farmgate milk price announcement

 

The Long Clawson  increase is based on  a unique calculation. It is a simple average of  the 1^st July price increases for a basket of cheese processors involving Wyke Farms, Belton, Barbers, Saputo and Arla.  That July 1^st average increase for the five comes out at just over 3ppl.

All other GB milk processors who use basket pricing take the average farmgate price paid by their competitor basket .  If this option had been adopted the Long Clawson corresponding 1^st July farmgate milk price based on a manufacturing standard litre average from those same five cheese processors  would be 47.25ppl with the prices of the five  ranging from 49.45ppl (Arla) to 46.3ppl (Belton)