Market Summary, Arla Expectation and Next Bulletin
Posted on: 17/07/20
For liquid suppliers a 26ppl standard litre price by 1st August is viewed a minimum and any falling below this level, with spot trading at 30ppl up or very close, must be challenged.
A cheese manufacturing standard litre of 28ppl or thereabouts by 1st August should also be the norm.
Arla have led GB milk prices for many months and are due to announce their August 1st milk price next week.
Given Arla’s July milk price announcement included reference to stabilisation of prices “the current outlook overall is looking stable” the expectation will be for Arla to stand on for August.
Once announced this will be confirmed on our website and facebook page and if it is no change the next bulletin will be on either Friday the 31st July or Monday 3rd of August unless some sensational news breaks in between.