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Milk Prices Stabilising, Feb 2017

Milk Prices Stabilising, Feb 2017

Agriculture

The latest predictions from FC Stone and the futures market for milk highlight that commodity prices are now plateauing. Volumes look to be recovering and strengthening of the pound will continue to put pressure on prices. The anticipated Net UK Milk Futures Equivalent Price (accounting for processor margin)  for the next six months is currently calculated @ 24.62ppl, rising to 24.65ppl heading into 2018. With prices likely to stabilise it is an important time for Dairy Farmers to assess their cost of production and also the affect that the recent downturn has had on their business, when planning for the future. To help with this analysis of your business, please contact the consultancy team at AKC.

AKC
Offices 4 - 11 CDL Business Park
Lower Road, Erlestoke
Devizes
Wiltshire
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