0.62ppl milk price increase for Barbers from 1st October

This 0.62ppl increase results in a litre price of 43.03ppl for October.

In a statement from their recent announcement:

"The word ‘unprecedented’ has been in danger of being overused over the past couple of years, but we have delivered nine monthly upward milk price movements across ten consecutive months – which is a new record for Barber’s and our dedicated suppliers, and indeed, unprecedented.

As reported in the main Newsletter, during the past month, butter and cream markets have posted significant increases to deliver new record highs. So much so, that the value of wholesale butter is now in excess of retail butter costs in the shops…

It is disappointing to report that cheddar markets have so far been rather slower to respond. However, with cheddar curd values now on the ascendant price/tonne curve, those processors who have mild and mature cheddar in stock to market will be most reluctant to sell more mature cheeses for less than cheese

in it’s most immature stage.

In addition, as traded milk values increase, some cheesemakers may ultimately choose to sell milk rather than make cheese – which will also tighten longer term stocks.

Milk supplies across the UK remain just behind those of a year ago, whilst across the EU, milk supplies despite the shortfall from Ireland, have been above last year. It is important that the overall level of milk supplies does not rise too high as would inevitably damage returns".