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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.}

22/04/22

Milk production is rising but still way behind 2021

Peak production day for GB is imminent but overall production is still well behind that recorded in 2021. Volumes are down almost 3% year on year and a recent forecast of potential 2022/23 total GB production by AHDB Dairy analysts indicates production will be down between 0.8% (down 94 million litres) and 5.3% (down 649 million litres) under different scenarios and farmers reactions to increasing costs and the time-lag before additional cash from increased milk prices hits their bank accounts.

22/04/22

GDT Auction falls for the third consecutive time

The average Auction price has fallen for the third consecutive time and its starting to look like it could be the start of a decline. However, two factors played their part in this weeks fall including 3% more product available coupled with the lockdown at Shanghai container port. Fundamentally underlying global demand for dairy product is excellent and cannot be overtaken by global milk output.

06/04/22

3.5ppl milk price increase for Crediton Dairies – from 1st May

This increases producers standard liquid litre price to 40.25ppl

06/04/22

3ppl milk price increase for suppliers to Wyke Farm (cheese) – from 1st May

This increases producers manufacturing standard litre price to 41.41ppl and based on a liquid standard litre to 40ppl.

06/04/22

2.3ppl increase for members of First Milk (cheese) – from 1st May

This increases producers manufacturing standard litre price to 40.05ppl and based on a liquid standard litre to 38.73ppl

06/04/22

2ppl increase for Lanchester Dairies (liquid) – from 1st May

This increases producers standard liquid litre price to 39ppl

06/04/22

3ppl milk price increase for suppliers to Glanbia (cheese) – from 1st May

This increases producers manufacturing standard litre price to 40ppl

06/04/22

GDT average eases for the second consecutive time in 2022

Tuesday’s GDT auction result ended with a second consecutive all products average fall this time down 1% to US $4981 tonne compared to the $5039 achieved two weeks ago. The total tonnage sold was 21,511 (25,208 tonnes one month ago) with 101 (112 one month ago) winning bidders out of 159 (176 one month ago) registered bidders. Notable price movements were: Cheddar up 2.

01/04/22

No April fools in todays Milk Pricing

As stated in this weeks Barbers producer Newsletter “I cannot find any example where the milk price was increased for the month of May, the UK’s peak spring month of milk production”. Below the May 1st increases range from 0.75ppl to 6.7ppl

01/04/22

4.5ppl Table topping milk price increase for Meadow Foods suppliers - from 1st May

This puts Meadow out in front with liquid standard at 41ppl. Meadow are positive and anticipate further price increases to come.

01/04/22

6.7ppl milk price increase for Tesco aligned farmers – from 1st May (PRODUCER NOTIFIED)

This increase for Tesco’s 500 plus aligned farmers takes them to over 40.84ppl and unconfirmed reports claim the farmers will receive a top up/interim April payment to help with on farm costs.

01/04/22

4ppl milk price increase for Grahams Dairies Scotland Liquid – from 1st May

This increases producers standard liquid litre price to 40ppl