Dairy Bulletin News Archive

£2billion is expected to be spent on cheese

According to research commissioned by Arla involving 2,000 UK consumers the average spend on our cheesy festive fare will be £37.50 with an average of 8 out of 10 cheeses bought will be British.  Arla estimates its cheddar cheese sales into UK retailers in December will be in excess of 7,000 tonnes.

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Muller completes a £15million investment in its Scottish Bellshill facility

The investment covers several areas in the plant and is easily the largest single investment in a Scottish dairy plant for more than 10 years. The Bellshill plant processes around 370 million litres from 230 Scottish Muller farmer suppliers and is viewed as a very positive signal from Muller as to the confidence it has in the future of the Scottish dairy industry.

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GDT auction prices rise for the second consecutive time in December

It’s a positive end to 2018 for not so cheery GDT auction year with this month the average all products price rising by a further 1.7%.  This was a consecutive back to back rise on the 2.2% recorded 2 weeks earlier. The only downside is the ever increasing milk output from New Zealand resulting in a 17% increase in WMP tonnage available. Notable prices were: Butter up 4.

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0.75ppl milk price reduction for First Milk members – from 1st January

This results in a standard liquid litre price of 27.75ppl and based on a standard manufacturing litre 28.69ppl.

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1ppl milk price reduction for suppliers to Grahams Dairies (Liquid) Scotland – from 1st January

This results in a standard liquid litre price of 27.5ppl.

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1.2ppl milk price reduction for Pensworth (Liquid) suppliers – from 1st January

This results in a standard liquid litre price of 27.6ppl.

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1.33ppl milk price reduction for Arla members – from 1st January

This results in standard manufacturing litre price of 30.24ppl and based on a standard liquid litre 29.06ppl.  These two prices include the positive 0.02ppl quarterly currency smoothing adjustment which impacts on the Arla member organic milk price resulting in the organic standard liquid litre price for January 42.72ppl and the manufacturing standard litre price of 44.

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1.5ppl milk price reduction for suppliers to The Fresh Milk Company (Lactalis Cheese) – from 1st January

This results in a standard manufacturing litre price of 28.5ppl and based on a standard liquid litre 27.5ppl. In addition, Lactalis have guaranteed producers that this will be a minimum floor price until 1st April 2019.

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Fonterra revises its forecast farm gate milk price down again

Fonterra has revised its farm gate milk price forecast down again from $6.25 to $6.50 reduced to between $6.00 to $6.30 per kg of milk solids.  Based on today’s exchange rate this gives a UK standard liquid litre price of 24.4ppl to 25.62ppl.  Note, if the exchange rate used in October had been used the range would have been 22.51ppl to 23.63ppl.

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GDT auction prices turn a corner

After almost 7 months of no upward movement in the average all products auction price this week’s average increased by 2.2% to average US$2819. The rise took many by surprise and was not only the first rise since May 2018 but it also lifted prices from 2 year lows.  The global market fundamentals are still weak and whilst one swallow doesn’t make a summer it’s a welcome positive sign and the hope will be the upward trend continues for the final GDT auction of 2018 on the 18th December.

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1ppl milk price reduction for suppliers to Belton Farm (Cheese) – from 1st January

This results in a standard manufacturing litre price of 29.25ppl and 28.5ppl based on a standard liquid litre.

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1ppl milk price reduction for suppliers to Yew Tree Dairy

The results in a standard liquid litre price of 27.5ppl.

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