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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.}

15/03/19

0.54ppl milk price increase for Marks & Spencers Suppliers from – 1st April

This results in a standard liquid litre milk price of 33.36ppl.

15/03/19

First Milk to hold its Member Milk price for April

This means for February, March and April First Milk members manufacturing Standard Litre milk price has remained unchanged at 28.43ppl and based on a standard liquid litre 27.5ppl.

15/03/19

Barbers (Cheese) to hold suppliers milk price for a Third consecutive month

This retains producers’ standard manufacturing litre milk price at 29.13ppl and based on a standard liquid litre at 28.09ppl.

15/03/19

Belton Farm (Cheesemakers) to hold prices for March

This retains producers’ standard manufacturing litre milk price at 28.75ppl and based on a standard liquid litre at 28ppl.

15/03/19

0.75ppl milk price reduction for suppliers to Joseph Heler Cheese – from 1st April – PRODUCER NOTIFIED

Its top secret what the Heler standard litre price will be so much so that even the supplying farmers don’t know and can’t compare. Apologies.

15/03/19

0.75ppl milk price reduction for suppliers to Meadow Foods – from 1st April

This takes producers standard liquid litre milk price down to 26.75ppl

15/03/19

1ppl milk price reduction for suppliers to Glanbia (Cheese) – from 1st April

This results in a manufacturing standard litre milk price of 28ppl and based on a liquid standard litre 27.07ppl

08/03/19

1ppl milk price reduction for suppliers Dale Farm (Kendal)

This results in a standard liquid litre milk price of 28.14ppl.

01/03/19

Snow storm takes 1800 cows

A combination of serious snowfall and extreme temperatures in Southern Washington (USA) has seen 1800 cows perish bringing with it a bill of over £3 million excluding lost milk which was dumped.

01/03/19

George Eustice quits as Environment Minister

George Eustice, who was a big supporter of Brexit, has resigned over The Prime Ministers promise to allow MP’s to vote on a Brexit delay if her deal is rejected on the 12th March. He is basically against the government going to the EU only 17 days before 29th March begging for an extension.

01/03/19

Trade for First Milk shares is a buyers market

Yesterday saw the second asset match monthly sale of First Milk C preference shares close where only 186,000 shares changed hands at 11p per share down almost 40% on last months sale average which saw 152,000 shares trade for 18p out of a total issue of 68.5 million shares.. Not good news for former First Milk suppliers seeking to cash in their investment.

01/03/19

Saputo from Canada to buy Dairy Crest for close to 1 billion.

Once Dairy Crest succeeded in offloading its liquid business to Muller it was inevitable the more profitable and attractive. Davidstow Cheese facility would be sold and it's heading for ownership by Saputo who are in the top 10 largest in the world. Canadian owned world dairy giant Saputo have made a cash offer of £6.20 per share totalling £964 million and Dairy Crest board approval is set to be unanimous.