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Several UK milk buyers raised farmgate prices from 1 October 2022 after supply contracted. UK cumulative milk output for April to August 2022 was 100m litres below last year.
The July 2022 UK average milk price was estimated at 45.57ppl, up 15.09ppl year on year.
Tighter UK milk supply and rising farmgate prices signal firmer dairy markets, which supports dairy-based feed demand and firmer MILK pricing.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
