MPO Flash 8/17 September 2020
Unprocessed milk production for August 2020 is estimated at 288 million litres, 1,5% less than in August 2019. Cumulative unprocessed milk production for 2020 (inclusive of August) was 2 057 million litres, indicating a negative growth of −0,6% for the first eight months of 2020, when compared to the same period in 2019 (source: Milk SA last two months preliminary). If February 2020 is adjusted to 28 days, since it was a leap month, the negative growth percentage for the first eight months increases to −1,1%. Milk farmers are, thus, in a good position to negotiate price and contract terms.
Published on Friday, 18th September 2020 - 18:09
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