Contents tagged with prices

Milk quality boost to milk prices in October

30 January 2024

Milk quality boost to milk prices in October

Defra's provisional October milk price seems high compared to quoted standard litre prices. So what's driving up the overall average?
Lower EU milk supplies tightens availability

30 January 2024

Lower EU milk supplies tightens availability

Trends in EU wholesale pricing have differed across products, linked to the ease in which product can be sourced
Fifth consecutive rise for Global Dairy Trade auction index

30 January 2024

Fifth consecutive rise for Global Dairy Trade auction index

The overall price index rose 1.7% at the latest Global Dairy Trade (GDT) event. This is the fifth consecutive rise for the New Zealand based dairy commodity auction.
EU and UK butter prices converge

30 January 2024

EU and UK butter prices converge

UK wholesale butter prices have been at a discount to EU prices since February 2019 but the gap has recently closed
High fat and protein push September prices up 1.3ppl

30 January 2024

High fat and protein push September prices up 1.3ppl

It’s often difficult to marry up milk price changes quoted by companies based on standard litres, and the official average milk price paid in the UK, as quoted by Defra. September was no exception, with the Defra average put at 29.68ppl, up 0.88ppl on August, and ahead of the vast majority of “standard litre” prices quoted in our own milk price calculator. So, why the difference?
How much does price affect milk purchases?

30 January 2024

How much does price affect milk purchases?

How much consumer demand changes differs across products, and will depend on the size of the price change as well as how important the price is in the decision to purchase the good.
Butter/SMP returns exceed Cheddar for first time in 16 months

30 January 2024

Butter/SMP returns exceed Cheddar for first time in 16 months

October returns for processors making butter and SMP exceeded returns for producing mild Cheddar for the first time in 16 months
UK farmgate milk prices tracking below EU average

30 January 2024

UK farmgate milk prices tracking below EU average

So far this year, UK milk prices have tracked around £0.20 per kg of solids below the average of the main milk producing countries in the EU.
Feed prices and markets

7 January 2026

Feed prices and markets

How much are you spending on feed? Changes in grains, protein and concentrate prices are updated below every month, along with a summary of the markets.

Fonterra increases forecast farmgate milk price

30 January 2024

Fonterra increases forecast farmgate milk price

The price has moved from $6.25-$7.25 to $6.55-$7.55 per kg milksolids (kgMS)
What is influencing UK dairy markets?

11 November 2019

What is influencing UK dairy markets?

UK farm-gate milk prices have been slowly reducing over recent months. Here we look at the challenges facing the industry, which vary for different products and supply chains
What is influencing GB cattle prices?

21 November 2019

What is influencing GB cattle prices?

Why has the GB prime cattle price been falling since September 2019? News and insights

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