Spot prices and bulk cream prices ease
Posted on: 27/07/22
According to industry prices guru Steven Bradley ( www.milkprices.com ) Spot milk prices have eased to 51 to 53ppl last week as did bulk cream prices.
In addition the StoneXMilkprices.com UKMFE forward curve price has dipped below the 50ppl marker for the first time in 19 weeks.
In addition both MCVE & AMPE indicators have both recorded declines.
This is the 6th consecutive weekly run of negative forward curve prices however these negative price movements are without doubt as a result of the summer period.