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The UK average farm-gate milk price for July 2023 was 36.11 pence per litre, up 0.3% on June but down 23% on July 2022. Butterfat rose to 4.12% and protein fell to 3.30%, and July volumes were 1,247 million litres, down 2.2% month on month.
Lower UK milk prices and volumes signal weaker dairy margins and reduced demand for dairy-feed inputs in the UK herd.
gov.ukSep 28, 2023After 664 past report events, Milk (Class III) moved a median -0.1% over 5 sessions (44% higher; middle half -0.7% to +0.5%), and -0.1% 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.
