Dairy Market Indicators Review
Reference ocds-b5fd17-1bc56623-dafa-4191-8544-7aee1d607bbe · DEPARTMENT FOR ENVIRONMENT FOOD & RURAL AFFAIRS
Awarded to Dr Ken Burgess for £25,100.
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Amounts and figures
Description
AHDB wishes to conduct a review of our dairy market indicators. The *AMPE and MCVE market indicators are used in farmgate price formulas and negotiations but need to be kept up to date to ensure accuracy. Reviews have been conducted at roughly three yearly intervals. Following the last review in 2020 estimated factory costs have been kept up to date by applying relevant inflationary indexes to energy costs including gas and electricity, and labour). AMPE (Actual Milk Price Equivalent) is an indicator of the factory gate value of a litre of milk used for butter and SMP while MCVE (Milk for Cheese Value Equivalent) assesses returns from mild Cheddar and whey powder/butter. Processor costs and yields in the calculation of them are subjects to change over time due to factors such as economies of scale, more efficient factories, improvements in milk solids and changes in energy sources. In order to address this, AHDB wish to commission a review of AMPE and MCVE to ensure representativeness. The review will seek to establish how UK processor costs and yields have changed and what representative figures for these would be. The conclusions of the review will be report…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Dr Ken Burgess | £25,100 | 9 December 2024 |
Official publications
| Medium | Reference | Date |
|---|---|---|
| FTS | d15cc5c2-9ec5-4403-82a4-f797720bf211-809948 | 11 December 2024 |
| Contracts Finder | d15cc5c2-9ec5-4403-82a4-f797720bf211-809948 | 11 December 2024 |
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Frequently asked questions
- What is the deadline to bid for this tender?
- The submission deadline is 15 November 2024, 12:00. Check the official source, as dates can be modified.
- What is the estimated value of this tender?
- The estimated value published by the buyer is £30,000.
- Who is the buyer of this tender?
- The contracting authority is DEPARTMENT FOR ENVIRONMENT FOOD & RURAL AFFAIRS (United Kingdom).
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