Substantial increase in liquid milk prices for manufacturers in UK
However, prices remain 6.6% lower than a year earlier.
Factory-gate prices for cheese & curd also increased in January, up 2.2% compared to December 2016.
With rises recorded most months since August 2016, cheese & curd prices are 6.3% higher this year than January 2016, AHDB reports.
According to the most recent data, retail prices for fresh milk fell slightly between January 2017and December 2016 (0.8%). Retail cheese prices rose however, rising 1.2% over the same period.
For fresh milk, retail selling prices in Janaury were 0.8% higher than a year earlier while retail prices for cheese were 0.6% lower than in January 2016. ■