Mature Cheddar Margins
Mature Cheddar processor gross margins are based on the difference between the wholesale price of standard mature cheddar and the DEFRA farmgate price. Branded or niche mature cheddars will achieve higher wholesale prices and hence margins will be higher. Income from whey is ignored in this calculation - in reality this will increase the margin.
Mature Cheddar retailer gross margins are based on the difference between the wholesale price of standard mature cheddar and the weighted average retail price of supermarket label mature cheddar (TNS data). Branded or niche mature cheddars will achieve higher wholesale prices and retail prices.
For more details on mature cheddar margins click here, or see the Ensuring a Sustainable Dairy Supply Chain Report.

Please note: Monthly retail prices have been used since April 2007, compared to annual average prices prior to April 2007.