
The UK's December 2024 average farm-gate milk price was 47.09 pence per litre, up 0.8% month on month and 24% year on year. Butterfat rose to 4.44% and protein fell to 3.43%, while December milk volumes reached 1,278 million litres, up 4.7% from November.
Higher UK farm-gate prices and rising milk volumes point to firm dairy margins that can support feed purchasing, though the data is a routine statistical release.
After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.
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.