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EU farmgate milk prices stood at 23.25ppl

Staff Writer | October 22, 2016
The August EU weighted average milk price stood at €26.40/100kg (23.25ppl), up €0.77/100kg (3.0%) on the previous month.
EU farmgate milk
Dairy in Europe   The EU15 weighted average price stood at €26.83/100kg
In pence per litre, the price was up on July by 1.06ppl (4.8%). Compared with the previous year, the weighted average EU price for August was down €3.46/100kg (11.6%), although this was an increase on the year of 1.31ppl.

The average UK farmgate price in August stood at €23.79/100kg (23.79ppl), which was the lowest price of any nation in the EU15.

The EU15 weighted average price stood at €26.83/100kg (23.63ppl) in August, €0.70/100kg (2.7%) up on July, and was €3.73/100kg (12.2%) lower than the August 2015 average.

Looking at the top-five milk producing countries for this month (Germany, France, UK, Netherlands and Poland), the average August price was €25.49/100kg which was a €0.74/100kg (3.0%) increase compared with the previous month.