Spot milk prices on the rise

Published 28 July 16

The general feeling from those asked on the AHDB UK wholesale panel is that spot milk prices were trading at around 25-29ppl for the last two weeks of July. That is a significant increase on the 14-16ppl seen only two months ago, and will be a direct result of the lower than expected milk volumes.

The sharp increase means spot milk prices are now running ahead of both AMPE and MCVE. The biggest challenge for anyone wanting to buy spot milk is finding someone with excess milk to sell, and as a result the volume of milk being sold on the spot market remains small.

 

May-16

Jul-16

Spot milk

14-16ppl

25-29ppl

AMPE

16.8ppl

23.4ppl

MCVE

16.6ppl

23.5ppl

Source: AHDB Dairy