Spot Milk Price – if you are a bidder, you are a buyer
Posted on: 08/04/20
The spot milk price fell from 15p last Thursday to 7ppl on Sunday and 5ppl yesterday and now its worthless and cheaper to dump the milk unless you are very lucky. Any bidders will be buyers. Note the spot price is collected and delivered to factory at the cost to the selling processor, which results in 2 to 3ppl deduction from the 5p sale price.
There simply is nowhere for this milk to go and be processed in GB.