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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.}

22/04/22

2.73ppl milk price increase for suppliers to Wensleydale (cheese) – from 1st April

This takes producers manufacturing standard litre price to 39.04ppl and based on a liquid standard litre to 37.76ppl

22/04/22

2.5ppl minimum increase for Barbers (cheese) suppliers – from 1st June

This extremely early minimum commitment came from Barbers in early April and will take producers manufacturing standard litre price to at least 42.2ppl and based on a liquid standard litre to 40.78ppl or more.

22/04/22

2.25ppl milk price increase for Waitrose Aligned producers – from 1st May

This increases producers standard liquid litre price to 41.1ppl

22/04/22

2.2ppl milk price increase for Blackmore Vale Dairy (liquid) – from 1st May

This increases producers standard liquid litre price to 38.7ppl

22/04/22

0.88ppl milk price increase for Sainsburys aligned producers – from 1st May

This increases producers standard liquid litre price to 39.5ppl

22/04/22

All eyes are on Arla for a big price increase next Tuesday (26th)

Arla will announce its 1st May member price next Tuesday and the expectation is that given the underlying market conditions the increase will be big. We hope to post the announcement on our website and Facebook page Tuesday lunchtime.

22/04/22

Milk production is rising but still way behind 2021

Peak production day for GB is imminent but overall production is still well behind that recorded in 2021. Volumes are down almost 3% year on year and a recent forecast of potential 2022/23 total GB production by AHDB Dairy analysts indicates production will be down between 0.8% (down 94 million litres) and 5.3% (down 649 million litres) under different scenarios and farmers reactions to increasing costs and the time-lag before additional cash from increased milk prices hits their bank accounts.

22/04/22

GDT Auction falls for the third consecutive time

The average Auction price has fallen for the third consecutive time and its starting to look like it could be the start of a decline. However, two factors played their part in this weeks fall including 3% more product available coupled with the lockdown at Shanghai container port. Fundamentally underlying global demand for dairy product is excellent and cannot be overtaken by global milk output.

06/04/22

3.5ppl milk price increase for Crediton Dairies – from 1st May

This increases producers standard liquid litre price to 40.25ppl

06/04/22

3ppl milk price increase for suppliers to Wyke Farm (cheese) – from 1st May

This increases producers manufacturing standard litre price to 41.41ppl and based on a liquid standard litre to 40ppl.

06/04/22

2.3ppl increase for members of First Milk (cheese) – from 1st May

This increases producers manufacturing standard litre price to 40.05ppl and based on a liquid standard litre to 38.73ppl

06/04/22

2ppl increase for Lanchester Dairies (liquid) – from 1st May

This increases producers standard liquid litre price to 39ppl