Milk year kicks off with highest production since 2007

UK dairy cows produced 1.25bn litres of milk in May – 3m litres less than the same time last year, but 13.6m litres more than the five-year average.

Cumulatively, for the first two months of the milk year, UK production was 2.454bn litres – 10m litres more than last year and the highest since 2007. According to provisional figures from the Rural Payments Agency, butterfat reached 3.97% for the month, the highest on record, bringing the cumulative butterfat level to 4.01%.

DairyCo’s latest milk price league table left Dairy Crest’s Waitrose contract at the top of the rolling 12-month list, at 31.05p/litre. However, the monthly price slumped from March, to just 28.67p/litre in April, well below Dairy Crest’s Sainsbury’s pool at 30.12p. With the start of the new milk year, DairyCo has adjusted its standard litre composition, so direct comparisons are not possible.

“Just one milk price change was announced for April,” said the DaryCo report. “From April Tesco Sustainable Dairy Group suppliers received a price reduction of 0.65p/litre. This was as a result of lower feed prices, which has been partially offset by other production cost increases.”

Read more

For more market reports see our dedicated Prices and Trends page.

Upcoming Webinar


How to best plan your farming retirement and pension

With BPS being phased out and new schemes being put in place in the next few years, it’s an important time for farmers to start planning retirement and the best way to secure their pensions. Whether you are considering a succession process or would like to retire from the industry outright, our panel of experts will go through all the options you need to consider no matter what your life plan looks like. Join the session at 17.00 - 18:15 on Thursday 19 August 2021.
See more