There is plenty of evidence of the growing cost of milk production. Aside from input price rises, freshly calved dairy heifer prices were up 10.7% to £1,235 a head in February, compared with the same period 12 months earlier.
Freshly calved cow prices rose 14.9% to £1,036.
However, the values are not directly comparable says AHDB Dairy analyst Joanne Tuck.
Since January 2017, the figures represent only commercial animals – previously they included both commercial and pedigree animals, making the rise more significant.
Red diesel prices in February 2017 were up 18.46p/litre on the year to 55.83p/litre; an increase of 0.98p/litre on the previous month.
January saw higher feed prices compared with the previous month and year. Feed wheat peaked at £146/t, up 30.1% on the year, while soya meal prices rose 20.1%, to £311/t in the same period.
English prices for brewers’ grains rose £1.50 on the month, to £35-£45/t.
The latest figures show the EU farmgate-weighted average milk price stood at €33.38/100kg (29.59p/litre) in January, a rise of 0.87p/litre in sterling terms on the December price.