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Our markets

The NWF business model is robust – outperformance in one division can offset tougher market conditions in another.

Market overview

  • Milk prices in Great Britain decreased during the year by 3.7p per litre to 21.0p which has caused hardship for dairy farmers, who in the same period produced 1.6% more milk, and saw milk volumes rising to a six year high of 12.4 billion litres (2015: 12.2 billion litres).
  • Market demand for ruminant feed was 4% below prior year.

Key performance indicators

4,750customers

580,000tonnes p.a.

NWF Agriculture has grown to be a leading national supplier of ruminant animal feed, feeding one in six dairy cows in Britain. This broad base and the underlying robust demand for milk and dairy products result in a reasonably stable overall demand for our feed.

Market information

Market overview

  • Demand for our customers’ products continues to be stable and the outlook for most product categories handled by the business is resilient.
  • The business operates in a competitive supply chain and needs to continually demonstrate the value and service that it provides to food manufacturers and importers.
  • Market conditions remain difficult as the supermarkets fight for share in a static market.

Key performance indicators

100,000pallet capacity at Wardle

The business consolidates full loads from its customers, the food producers and importers, and ships across the UK daily to all the major supermarkets, cash and carry and food service customers.

Market information

Market overview

  • The business generated good volume growth which helped to mitigate lower market demand for heating oil due to a warm autumn and winter.
  • The average Brent Crude oil price in the year was $45 per barrel compared to $79 per barrel in 2015, with a low point of $28 per barrel in January 2016.

Key performance indicators

63,500customers

470mlitres p.a.

With 63,500 customers being supplied across 19 fuel depots, the Fuels division operates in markets that are large, robust and reasonably stable.

Market information