Milk price changes
Updated 03 June 2021
The latest publicly announced milk price changes as reported by the processors.
The majority of price announcements in June were for increases, although some buyers declared a hold on prices for the month. For companies included in the AHDB league table, increases ranged from +0.44ppl to +1.50ppl, with no price changes for retailer aligned contracts.
Looking ahead to July, those on non-aligned liquid contracts will begin to see significant price increases. Paynes Dairies announced it will be increasing prices by 0.5ppl, following a 1.5ppl increase in June. Pensworth have announced a 3.0ppl increase for suppliers signing its new contract, and a 1.5ppl increase for those remaining on the old contract. Freshways have revised its previously announced increase of 1.5ppl to 2.5ppl for the month. Muller Direct suppliers will see an increase of 0.75ppl.
With cheese markets remaining firm, many cheesemakers have also announced price increases for July. Co-op members supplying South Caernarfon Creameries will see a 0.75ppl increase, and Barber’s Cheesemakers will be increasing prices by 1ppl. Wyke Farm have announced a 0.80ppl sustainability bonus increase and Saputo have announced a hold on price for July.
The current increases in farmgate prices are supported by the strong market gains seen earlier in the year, as market movements can take a while to be reflected in farmgate prices. UK wholesale markets were mixed in May, with the spring flush increasing milk supplies. However, milk production peaked earlier than expected and deliveries are currently tracking below forecasted levels, keeping pressure off markets.
The most recently announced milk price changes can be downloaded below.
The milk price changes may not be fully reflected in the AHDB League Table.