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The UK government statistics notice reports the average farm-gate milk price for February 2023 at 48.06 pence per litre, down 2.3% month on month but up 33% year on year. Butterfat was 4.31% and protein 3.38%, while February volumes were 1,151 million litres, down 7.6% on January.
Falling UK farm-gate prices with steady volumes signal weakening dairy margins, which can ease demand for dairy-linked feed ingredients over time. The effect on feed prices is modest because the figures are routine statistics.
gov.ukApr 27, 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.
