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The UK average farm-gate milk price for December 2023 was 37.83 pence per litre, up 0.1% on November but down 27% year on year. Butterfat rose to 4.39% and protein fell to 3.45%, and December volumes were 1,223 million litres, up 5.4% month on month.
The official UK price and volume data confirm that milk prices remain far below last year's levels, which keeps dairy-based feed demand and farm margins under pressure.
gov.ukFeb 29, 2024After 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.
