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Dairy Industry News and Features

Our Weekly News Bulletin is available by email. To receive it please email info@ipmsltd.co.uk.

^{Note, all standard litre prices are those quoted by www.milkprices.com and are based on the following:

The liquid standard litre 4% bf, 3.3% protein, 30,000/ml Bactoscans, 200,000/ml SCC, 1 million litres a year on EODC but before seasonality, monthly profile payments, balancing, B price additions, capital retentions or annual incentive schemes. The manufacturing standard litre is to exactly the same specification with the exception of 4.2%bf and 3.4% protein.}

^{Remember this bulletin continues to be available free of charge and takes the team at Ian Potter Associates considerable time to produce. The only encouragement to keep producing it is a combination of enthusiasm, tag sales & enquiries from our readers.} ^{All views expressed in this bulletin are those of Ian Potter Associates and a shed load of dairy farmers. It is necessarily short and cannot deal with various issues that arise in any detail. As a result it must not be relied on as giving sufficient advice in any specific case. Every effort has been made to ensure the accuracy of the content but neither Ian Potter Associates nor Lydia Clare personally can accept any liability for any errors or omissions. Professional advice must always be taken before any decision is reached. For our privacy policy please click here.}

10/01/23

1ppl Milk Price Reduction on the Lidl fixed price contract

Inevitably and indeed understandably the Muller/Lidl 3 year fixed price deal has seen a 1ppl reduction to 47ppl from 1st February which mirrors the Muller direct reduction. The original deal farmers signed up to was a 3 year fixed price of 29ppl which runs until the end of June 2024.

06/01/23

1.5ppl milk price reduction for suppliers to Meadow Foods – from February 1st

This reduces producers liquid standard litre price on their A litres to 45.5ppl. In its communication Meadow highlight bulk cream prices in September were £2.85kg and at one point during the Christmas period fell to £1.70kg a drop in value of 11.5ppl to a liquid processor.

06/01/23

Stand on price at 48ppl for suppliers to Paynes (Liquid) who have also opened up their recruitment door

Paynes Dairies have confirmed a stand on liquid standard litre price of 48ppl for January and given the moves by others it must be likely that any February 1st adjustment will be 1ppl or at worst 1.5ppl (TBC) Whilst nationally there are now significant volumes of milk Paynes have opened their recruitment books to fulfill new and existing customer demand.

06/01/23

Pattemores Dairy (Liquid) to stand on until March 1st

This maintains producers liquid standard litre at 48ppl and based on a manufacturing standard litre 49.3ppl

05/01/23

Crediton Dairy (Liquid) to stand on until March 1st

This maintains producers liquid standard litre price at 48.5ppl

03/01/23

GDT Auction down 2.8%

Todays auction fell a further 2.8% with all products recording price drops. Todays quantity sold was an increased 33,478 tonnes (28,724 on 20/12) with the number of participating bidders down to 132 (149 on 20/12) however successful bidders who brought totalled 114 compared to 117 two weeks ago. Notable price movements were: SMP down 4.3% to average US $2838 Butter down 2.

03/01/23

1ppl milk price reduction for suppliers to North Lakes Foods/Greencroft Milk (Liquid) – from 1st February

This reduction results in a liquid standard litre price of 48ppl which includes the 1ppl bonus which almost all suppliers receive and is a top end February farmgate price.

03/01/23

Barbers (cheese) to stand on for February at 50.02ppl

Barbers join Saputo/DCD and First Milk to hold their farmgate milk price until 1st March all each has stood on for different reasons. This maintains Barbers farmers manufacturing standard litre price at 50.02ppl and based on a liquid standard litre at 48.33ppl for a fourth consecutive month. Barbers B price, calculated directly from the AMPE price is paid on all milk above 105% of the agreed base milk volume and for December deliveries falls to a sobering 37.

30/12/22

2ppl milk price reduction for suppliers to Glanbia cheese – from 1st February

This reduction results in a manufacturing standard litre price of 47.25ppl and based on a liquid standard litre to approximately 45.57ppl

30/12/22

1.85ppl milk price cut for suppliers to Dairy Partners (Welsh Mozzarella) – from 1st January

This is a very short notice drop and reduces producers manufacturing standard litre price to 47ppl

30/12/22

1.5ppl milk price reduction for members of South Caernarfon Creameries Co-op from 1st February

This reduction results in a manufacturing standard litre price of 47ppl and based on a liquid standard litre 45.39ppl

30/12/22

Saputo/DCD stand on for February at 49.5ppl due to the floor price

Saputo (AKA Dairy Crest Davidstow) maintain their February farmgate milk price at 49.5ppl based on a manufacturing standard litre which on a liquid standard litre is 47.73ppl. This stand on is as a result of the 49.5ppl floor price declared in late October which runs until March 1st.