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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.}

15/02/22

GDT Auction continues to rise at speed and sets record average prices for butter & cheddar

Today’s GDT Auction recorded a further 4.2% average rise compared to the average achieved only two weeks ago which was also up 4.1%. Today’s auction clocked up an impressive $4840 average. If this is repeated in the next auction in two weeks’ time with an average increase of 3.3% or more the average will break the US $5000 tonne mark which was last seen in February 2014.

09/02/22

1.5ppl milk price increase for suppliers to Grahams the Family Dairy (liquid) – from 1st March

This increase takes producers standard liquid litre price to 34.5ppl

04/02/22

1.3ppl milk price increase for suppliers for Barbers (cheese) suppliers – from 1st March

This increases producers manufacturing standard litre price to 36.26ppl and based on a liquid standard litre to 35.03ppl

04/02/22

1ppl milk price increase for suppliers to Joseph Heler (cheese) – from 1st March

This increases producers manufacturing standard litre to circa 35ppl

04/02/22

1ppl milk price increase for Muller Direct Suppliers – from 1st March

This increases producers liquid standard litre price to 35ppl. The increase also applies to Muller Direct Organic Suppliers resulting in a liquid standard litre price of 45.5ppl

04/02/22

0.25ppl milk price increase for Saputo (AKA Dairy Crest Davidstow) suppliers from 1st March

This increases producers manufacturing standard litre price to 36ppl and based on a liquid standard litre to 34.72ppl

04/02/22

1ppl milk price increase for Pattemores (liquid) suppliers – from 1st March

This increases producers liquid standard litre price to 35ppl and based on a manufacturing standard litre to 35.98ppl

04/02/22

1ppl milk price increase for suppliers to Dale Farm Cumbria – from 1st February

This increases producers liquid standard litre price to 34.39ppl

04/02/22

1.5ppl milk price increase for Belton Farm (cheese) suppliers – from 1st March

This increases producers manufacturing standard litre price to 35.55ppl and based on a liquid standard litre to 33.8ppl. The increase is split into two parts 0.5ppl is a price increase with the remaining 1ppl (2 x 0.5ppl) a new bonus for Bactoscan results of 30,000 or less together with SCC of 2000,000 or less with a 0.5ppl bonus available to each.

04/02/22

0.5ppl milk price increase for Crediton Dairy Suppliers – from 1st March

This increases producers liquid standard litre price to 35ppl

04/02/22

0.5ppl milk price increase for suppliers to Dale Farm in Northern Ireland – from 1st December

This increase results in a standard liquid litre price of 34.09ppl for December deliveries.

04/02/22

Deliveries update

Global deliveries to processors are failing to meet demand and domestically AHDB dairys latest forecast is for the year to 31st March 2022 to record a 1.2% drop on that recorded last year representing 150 million litres or (4.4 days less average UK production)