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Dairy Industry News and Features

Our Weekly News Bulletin is available by email. To receive it please email info@ipmsltd.co.uk.

^{Note, all standard litre prices are those quoted by www.milkprices.com and are based on the following:

The liquid standard litre 4% bf, 3.3% protein, 30,000/ml Bactoscans, 200,000/ml SCC, 1 million litres a year on EODC but before seasonality, monthly profile payments, balancing, B price additions, capital retentions or annual incentive schemes. The manufacturing standard litre is to exactly the same specification with the exception of 4.2%bf and 3.4% protein.}

^{Remember this bulletin continues to be available free of charge and takes the team at Ian Potter Associates considerable time to produce. The only encouragement to keep producing it is a combination of enthusiasm, tag sales & enquiries from our readers.} ^{All views expressed in this bulletin are those of Ian Potter Associates and a shed load of dairy farmers. It is necessarily short and cannot deal with various issues that arise in any detail. As a result it must not be relied on as giving sufficient advice in any specific case. Every effort has been made to ensure the accuracy of the content but neither Ian Potter Associates nor Lydia Clare personally can accept any liability for any errors or omissions. Professional advice must always be taken before any decision is reached. For our privacy policy please click here.}

07/02/20

1ppl Price Reduction for Crediton Dairy Suppliers – from 1st of March

This ends an impressive price run by Crediton and results in a liquid standard litre price of 27.5ppl. The reduction is attributed to poor cream values and comes as no surprise.

07/02/20

Belton Farm (Cheese) to stand on/hold suppliers milk price until 1st of April

This maintains the current manufacturing standard litre price at 27ppl and based on a liquid standard litre at 26.25ppl.

07/02/20

Lactalis (AKA The Fresh Milk Company) to stand on for February and March

This results in a minimum manufacturing standard litre price of 27.61ppl and based on a liquid standard litre of 26.5ppl.

07/02/20

South Caernarfon Creameries (Cheese) to stand on for February and March

This maintains a manufacturing standard of 27.28ppl based on a standard litre price of 26.34ppl.

07/02/20

Wensleydale Creamery (Cheese) to stand on for February and March

The February stand on is confirmed and the March one is TBC but anticipated. This maintains a manufacturing standard of 27.75ppl and a liquid standard litre of 26.8ppl.

07/02/20

Wyke Farms (Cheese) to stand on for February

This maintains a manufacturing standard litre price of 26.91ppl and based on a liquid standard litre of 26ppl.

07/02/20

Pattemore’s Dairy (Liquid) to stand on for February

This maintains producer's standard liquid litre price at 26.25ppl and based on a manufacturing standard litre of 27.12ppl.

07/02/20

Graham's Dairy (Liquid) to stand on for February and March

This maintains a standard liquid litre price of 25.5ppl

07/02/20

Wells Farm Dairy (Liquid) to stand on for February

This maintains a producer’s standard liquid litre price of 25.7ppl.

07/02/20

1ppl Milk Price increase for Pensworth Dairy (Liquid) Suppliers – from 1st of March

This is a two part increase with 0.5ppl as a flat rate increase to the base price and the remaining 0.5ppl payable to supplying farmers who participate in Penworth’s animal welfare standards commencing in April. Assuming over 50% (and it should really be 100%) uptake the new liquid standard litre price will be 25ppl.

07/02/20

0.5ppl Milk Price increase for Meadow Foods Suppliers – from 1st of March

This increase results in a liquid standard litre price of 26ppl and based on a manufacturing standard litre of 26.38ppl (Cheshire/Midlands region) and 26.25ppl (Lake District/Cumbria). It’s now pointing towards any liquid purchaser paying under 26ppl on March 1st as very much under the spot light and off the pace as the gap between the best and worst paying milk buyers rapidly closes.

07/02/20

GDT Price fall attributed to Coronavirus in China

This week’s GDT Auction fell back sharply by 4.7% to average US$3226 tonne. The fall in price was put down to the impact of the quickly developing Coronavirus in China with Dairy trade disrupted and slowing down. WMP prices took a 6.2% battering however some New Zealand analysts had feared the drop in price could have been 10% or more. The best outcome for the world and dairy prices is for the virus to be quickly contained.