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GB milk production: August deliveries back slightly as prices rise
Thursday, 12 September 2024
GB milk deliveries totalled 991 million litres in August, a decrease of 0.5% compared to last year. Daily deliveries averaged 31.9 million litres per day. Production for this year’s milk season so far (April-Aug) stands at 5,258 million litres, back 0.9% compared to the same period of the year before.
AHDB’s Forage for Knowledge recorded a decline in grass growth rate throughout August, with significant variation between regions. This is likely linked to the weather, with temperatures above average at the beginning of the month before cooling in the second half . Looking forward into the winter months, some producers will be cautious about forage supplies, following a very variable grass growing season and mixed reports regarding silage quality.
The August wholesale survey saw commodity prices flying up through the month, as seasonal demand uplifts, coupled with a perceived tightness in supply, fuelled the market. We have also seen this tightness in milk supply reflected in milk price announcements with increases almost across the board for August and September contracts. These price increases may incentivise producers to push production slightly as we move into the autumn months.
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