Accredited official statistics

Figures to July 2018 (published 30 August 2018)

Updated 21 February 2019

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This publication is available at https://www.gov.uk/government/statistics/historical-statistics-notices-on-uk-milk-prices-and-composition-of-milk-2018/figures-to-july-2018-published-30-august-2018

1.1Key messages

  • This release shows the latest information on average farm-gate milk prices, volumes and the butterfat and protein content of UK produced milk.

  • The UK average farm-gate milk price for July 2018 is 28.56 pence per litre (ppl). This represents a 5.1% (1.39 ppl) increase on June 2018 and a 2.5% increase on the same month last year. (Figure 1.2).

  • Butterfat is down 0.2% on last month at 3.89%. Compared to last year butterfat is 1.1% lower than July 2017. (Figures 1.3a).

  • July volumes decreased following seasonal trends to 1,236 million litres, a fall of 3.0% on the previous month. Milk volumes are up 1.2% on July 2017. (Figure 1.4).

1.2 United Kingdom farm-gate milk price (pence per litre)

United Kingdom farm-gate milk price (pence per litre) to July 2018

1.3 Average butterfat and protein content of United Kingdom produced milk

1.3a. Butterfat %

a. Butterfat % to July 2018

1.3b. Protein %

b. Protein % to July 2018

1.4 United Kingdom wholesale milk production (million litres)

United Kingdom wholesale milk production (million litres) to July 2018

1.5 Percentage change in key items: July 2018 compared to July 2017

Percentage change in key items: July 2018 compared to July 2017

Figures 1.2 to 1.4 above show the values for the latest 12 months along with the maximum and minimum monthly values. Trends can be seen, notably the spring flush in milk production and the drop in butterfat as the dairy herd diet changes when they are put out to grass in the summer. There is a strong positive correlation between milk composition (butterfat and protein content) and milk price.

1.7 Retrospective payments

Some companies make retrospective bonus payments. We do not reflect these payments in the monthly milk price figures. The annual average price for farm-gate milk in 2017, including retrospective payments, is 28.86 ppl, 0.16 ppl more than the annual average price without retrospective payments (28.70 ppl). In 2017 total retrospective payments were 2.5% lower than 2016 at £24.2 million.

A retrospective payment is when a company makes a payment to a farmer that is outside the normal contract price they receive and is generally paid on prior production, for example profit sharing.

1.8 Revisions and estimates

England and Wales survey response in July was 100%. Northern Ireland data for July 2018 is an estimate. Revisions to June 2018 data are due to receiving actual data from Northern Ireland.Revisions have also been made to 2018 Northern Ireland Butterfat and Protein figures.

The next update of this monthly notice is at 09:30 on 27th September 2018.

Enquiries to: Julie Rumsey, Tel: +44 (0) 208 026 6306

email: [email protected]

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