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UK milk production rose sharply through autumn 2025, with October deliveries nearly 7% higher than a year earlier and volumes still 3-5% up into early January. Wholesale prices fell as bulk cream lost about a quarter of its value in December, and many buyers cut farmgate prices.
Forecasts for 2025/26 now point to a record GB production year.
Excess UK and global milk supply is driving down wholesale and farmgate dairy prices, keeping margins tight into autumn 2026.
ahdb.org.ukJan 21, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
