Strong demand continues to underpin dairy markets, with prices up again at the final Dutch Dairy Board auction for 2021.
Butter increased by €70 to €6,070/t, and has now gone up in 21 out of the last 23 weeks going back to late July.
Skim milk powder rose by €80/t to €3,450, with whole milk powder up by €30/t to €4,270.
Those increases are reflected in the latest UFU Milk Price Indicator (MPI), which is now at a record high of 39.84p/l, a 1.27p/l increase from early December.
Allowing 3p to 4p/l to cover processor costs and margins, the MPI points to farmgate milk prices in excess of 35p/l during the first quarter of 2022.
Read more
Soil fertility is the key to success
Almost 500 livestock worrying incidents reported in two years
Strong demand continues to underpin dairy markets, with prices up again at the final Dutch Dairy Board auction for 2021.
Butter increased by €70 to €6,070/t, and has now gone up in 21 out of the last 23 weeks going back to late July.
Skim milk powder rose by €80/t to €3,450, with whole milk powder up by €30/t to €4,270.
Those increases are reflected in the latest UFU Milk Price Indicator (MPI), which is now at a record high of 39.84p/l, a 1.27p/l increase from early December.
Allowing 3p to 4p/l to cover processor costs and margins, the MPI points to farmgate milk prices in excess of 35p/l during the first quarter of 2022.
Read more
Soil fertility is the key to success
Almost 500 livestock worrying incidents reported in two years
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