MCVE goes over 40ppl to set another record

Both MCVE and AMPE set record highs in December according to AHDB Dairy Figures.

 

AMPE now stands at 44.7ppl (+2.42ppl in the month)

MCVE now stands at 40.98 (+1.76ppl in the month)

• AMPE (Actual Milk Price Equivalent) is an indicator of the factory gate value of a litre of milk used for butter and skimmed milk powder
• MCVE (Milk for Cheese Value Equivalent) ais an indicator of the factory gate value of a litre of milk used for mild Cheddar and whey powder/butter.

 

Note neither includes the cost of transport to the processing factory