Milk for Cheese Value Equivalent (MCVE)
In January:
* The prices shown for whey powder relate to average exchange rates for the first 26 days of the month
|
(ppl) |
January 2012 |
1 Month Before |
12 Months previously |
|
FACTORY GATE MCVE |
32.67 |
32.73 |
30.37 |
For more information on AMPE click here.
For information on how MCVE is calculated please see MCVE Help sheet.
It must be stressed that different factories will have different efficiency and cost levels and do not just make mild Cheddar. Therefore the MCVE has not been formulated to be the price that processors should pay farmers for milk for cheese, but merely a benchmark of value that can be used to compare against changes in milk prices.