AMPE & MCVE
Posted on: 02/07/21
AMPE has seen its first reduction in 2021 reflecting a slight June softening in both SMPand butter prices due to a cooling off in demand. The reduction equates to 2%. See table above (source AHDB Dairy).
Note both AMPE and MCVE are monthly values.
AMPE is (Actual Milk Price Equivalent) and an indicator of the factory gate value of a litre of milk used for butter and skimmed milk powder.
MCVE is (Milk for Cheese Value Equivalent) assess returns from mild Cheddar and whey powder/butter.
Note bulk cream prices lifted in June and mild cheddar prices were more or less stand on according to AHDB.