Tender Details

Country: United Kingdom
Summary: Dairy Market Indicators Review
GBT Ref No: 109025519
Deadline: 15 Nov 2024
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: GBP 30000
Notice Type: Tender
Document Ref. No.: 2024-724
Purchaser's Detail:
Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details.
Login to see details
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 reported in the spring of 2025.

Although they are not intended to be correct for every plant - there are instead designed to
be typical of the industry - it is important that they are updated from time to time as
technology and costs develop. It is important to note tha...
Documents:

If you are registered member, kindly login to view full details of this tender notice:

Dairy Market Indicators Review - Greatbritain Tender

The DEPARTMENT FOR ENVIRONMENT FOOD & RURAL AFFAIRS, a Government sector organization in United Kingdom, has announced a new tender for Dairy Market Indicators Review. This tender is published on GreatbritainTenders under GBT Ref No: 109025519 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-11-15.

The estimated tender value is GBP 30000, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.