1.3ppl milk price reduction for Paynes Dairies suppliers – from 1st March (PRODUCER NOTIFIED)
This reduction takes producers standard liquid litre price to 27.2ppl (www.milkprices.com).
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This reduction takes producers standard liquid litre price to 27.2ppl (www.milkprices.com).
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This reduction takes producers standard liquid litre price to 27.37, including the 0.6ppl volume bonus for those supplying 1 million litres plus (www.milkprices.com). In addition, Freshways have informed its supplying famers that they anticipate a further price reduction in April.
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This reduction takes producers standard liquid litre price to 27.2ppl (www.milkprices.com).
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This reduction takes producers standard liquid litre price to 27.37, including the 0.6ppl volume bonus for those supplying 1 million litres plus (www.milkprices.com). In addition, Freshways have informed its supplying famers that they anticipate a further price reduction in April.
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This reduction takes producers standard liquid litre price to 27.2ppl (www.milkprices.com).
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This reduction takes producers standard liquid litre price to 28.5ppl (www.milkprices.com)
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This reduction takes producers standard liquid litre price to 27.92ppl and based on a manufacturing standard litre to 29ppl (www.milkprices.com)
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This reduction takes producers standard liquid litre price to 27.842ppl and based on a manufacturing standard litre to 28.87ppl (www.milkprices.com)
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The small 0.25 Euro Cents kg milk price reduction from 1st March for suppliers to the European giant Friesland Campina converts to 30.361ppl based on a liquid standard litre according to www.milkprices.com It’s certainly a price UK farmers will envy. The Friesland organic standard liquid litre milk price converts to 43.19ppl for March as a result of a 1st March increase of 1.
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In last week’s bulletin under the heading of “The Outlook” we suggested that there is a real possibility that the bombshell 2.16ppl March price drop for Arla members could be close to the last and that this could be close to if note already at the bottom. AHDB Dairy have today posted a news item headed “Market Indicators suggest end to price cuts” in which they state farm gate milk prices are heading towards settling and could even move up post the Spring flush.
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The Commission have sold 4,337 tonnes of the 380.000 tonnes in stock for only €1,100 tonne (£976.00 tonne). This is easily the lowest price they have sold at and its €145/tonne below feed grade SMP. The market certainly doesn’t need much of this cheap low grade SMP releasing at this moment in time.
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Arla has announced that in the current extreme weather conditions they will pay members for milk they are unable to collect, which farmers are forced to dispose of. The change takes effect from 26th February and runs until the weather is declared as improved. Note, it is the members duty to clear their farm drive/entrance as a prior qualification to this offering.
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