Tuesday, April 30, 2024

EU farmgate milk prices 2.6% lower in May

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AHDB Dairy reported the following for May EU farmgate milk prices. The May EU weighted average milk price stood at €30.48/100kg (22.69ppl), down €0.82/100kg (2.6%) on the previous month. Compared with the previous year, the weighted average EU price for May was down €7.05/100kg (18.8%), this was a decrease on the year of 8.83ppl.
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The average UK farmgate price in May stood at €32.36/100kg (24.09ppl), which was the fifth highest price of any nation in the EU15 after Greece, Finland, Italy and Austria.

The EU15 weighted average price stood at €30.98/100kg (23.06ppl) in May, €0.76/100kg (2.4%) down on April, and was €7.23/100kg (18.9%) lower than the May 2014 average.

Looking at the top-five milk producing countries for this month (Germany, France, UK, Netherlands and Italy), the average May price was €31.72/100kg which was a €0.65/100kg (2.0%) decrease compared with the previous month.

See the AHDB Dairy website for full details

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