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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.}

16/06/20

GDT Auction average up 1.9% today

Notable movements were: SMP + 3.1% to average US $ 2609 tonne WMP + 2.2% to average US $ 2829 tonne Cheddar + 1.4% to average US $ 3631 tonne

04/06/20

Dairy Farmer Hardship applications open on 18th June

Following on from last nights (Tuesday) news story on this website and in our free market bulletin, DEFRA have this morning issued a press release confirming qualifying English Dairy Farmers can apply for up to £10,000 to help assist with the financial impact of coronavirus on April and May deliveries. To be absolutely clear this is nothing to do with when the deliveries made were actually paid into your bank accounts its about the average base price you were paid in the calendar month for April deliveries compared to that paid on February deliveries.

03/06/20

Dairy Farmer Hardship applications open on 18th June

Following on from last nights news story on this website and in our free market bulletin, DEFRA have this morning issued a press release confirming qualifying English Dairy Farmers can apply for up to £10,000 to help assist with the financial impact of coronavirus on April and May deliveries. Note the £10,000 is not a per month maximum it’s a total maximum for April and May combined.

02/06/20

Hardship fund announcement due this week

In a draft email Ian has seen, the proposed details of the governments English Dairy Farmer Aid/Hardship fund are concluded and due to be announced this week by DEFRA. Whilst the final announcement could be tweaked a bit, these are the nuts and bolts: All claims will be based against your February deliveries milk statement. To qualify for any payment, you must be able to demonstrate a minimum 25% reduction in income between the price you received in February to that paid in April.

02/06/20

1.1ppl milk price reduction for suppliers to Joseph Heler Cheese – from 1st June

According to our records, this June price reduction is the only one we have heard of and a bit of a surprise coming from a cheese processor. Its looking very lonely and running against the tide.

02/06/20

First Milk to stand on until 1st August

This maintains members standard manufacturing litre price at 27.63ppl and based on a liquid standard litre at 26.75ppl.

02/06/20

Muller Direct to stand on until 1st July

This maintains producers liquid standard litre price at 25.25ppl plus 1ppl to 26.25ppl for farmers who qualify for the Muller Direct Premium.

02/06/20

Grahams Dairies Scotland (Liquid) to stand on until 1st July

This maintains producers standard liquid litre price at 24.5ppl (note no A & B split pricing).

02/06/20

Wensleydale Creamery (Cheese) to stand on until 1st July

This maintains producers standard manufacturing litre price at 27.25ppl and based on a liquid litre at 26.3ppl.

02/06/20

South Caernarfon Creameries (Cheese) to stand on until 1st August

This maintains a manufacturing standard of 27.28ppl based on a liquid standard litre price of 26.34ppl.

02/06/20

Glanbia Cheese suppliers to stand on until 1st July

This maintains producers standard manufacturing litre price to 25ppl and based on a standard liquid litre 24.17ppl.

02/06/20

Pensworth (Liquid) to stand on until 1st July

This maintains producers liquid standard litre price at 23ppl for 70% of the A milk, the remaining 30% B price is based on skim and cream market returns, which for May deliveries averaged 16.1ppl.