Forward Market Performance (FMP) is AHDB’s market indicator and suggests in the table below that the milk price trend has now indeed reversed. Price moves upwards from June were predicted by this a couple of months ago, and indeed this is what is now happening in the actual market. Please note that the price in ppl is my estimate, not that of AHDB, and is based on an exchange rate of €1 = 89p. As always, 2ppl (approximately) needs deducting to account for transport etc. costs, from any AMPE based price.
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