Mild Cheddar Margins
Mild Cheddar processor gross margins are based on the difference between the wholesale price of mild cheddar and the DEFRA farmgate price. Income from whey is ignored in this calculation - in reality this will increase the margin - for further details see Mild Cheddar Value Equivalent (MCVE).
Mild cheddar retailer gross margins are based on the difference between the retail price and wholesale price of mild cheddar. The retail price is an average weighted price for mild cheddar from TNS data.
For more details on mild 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.