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The UK average farm-gate milk price for April 2023 was 39.43 pence per litre, down 9.5% (4.15ppl) from March but up 2.2% year on year. Butterfat fell 1.4% to 4.27% and protein eased 0.2% to 3.37%.
April volumes rose 1.1% month on month to 1,337 million litres.
Falling UK milk prices and stable-to-rising volumes point to weaker dairy farm margins, which can reduce feed purchasing power and push some producers toward destocking.
gov.ukJun 29, 2023After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% 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.
