Milk prices will have to continue growing to ensure volumes
Cow Milk
United Kingdom
Market & Price Trends
Adrian Cojocaru
Published Apr 8, 2022
Latest inflationist pressure, affecting the cost of production for farmers, triggered unprecedented milk price rises. For example, Meadow Foods, announcing 4.5ppl rise for its standard liter in May, will bring the price to 41ppl, that it is a new record level for the dairy. This is 8ppl more than this processor paid in January. Barber’s cheesemakers, announcing a 2.07ppl increase, will pay for its standard manufacturing liter 39.62ppl for May. Muller will pay 39ppl, which is a 3.5ppl increase. Despite this, the figures published by Kite Consulting revealed a 4% decrease in milk production for the past few weeks. In this context, experts consider that to reverse this decline, some additional 5 to 10ppl to the announced milk price would be necessary.
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