Dairy Market Indicators Review

AHDB wishes to conduct a review of our dairy market indicators. The *AMPE and MCVE market indicators are used in farmgate price formulas and negotiations but need to be kept up to date to ensure accuracy. Reviews have been conducted at roughly three yearly intervals. Following the last review in 2020 estimated factory costs have been kept up to date by applying relevant inflationary indexes to energy costs including gas and electricity, and labour). AMPE (Actual Milk Price Equivalent) is an indicator of the factory...