DEFRA’s math’s is called into question for a second consecutive month
Posted on: 21/01/20
Defra has declared its November 2019 average farmgate milk price at 29.69ppl an increase of 0.3ppl on the October average (29.35ppl). Admittedly the months fat and protein numbers were up but this increase comes in a month when processor prices either fell or stood on.
It has to be noted the 29.69ppl is not a standard litre price and with November milk quality averaging 4.3% fat and 3.47% protein AHDB Market Intelligence say this quality adds at least 1ppl to the so called standard litre price. Despite this at 29.69ppl it’s an eyebrow raising price.