# Agribusiness News October 2022 - Milk | Helping farmers in Scotland

> 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.

- Date: 2022-09-30 · published 2022-09-30T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/39592-agribusiness-news-october-2022-milk-helping-farmers-in-scotland
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tighter UK milk supply and rising farmgate prices signal firmer dairy markets, which supports dairy-based feed demand and firmer MILK pricing.

## Read by commodity

- CORN: neutral
- MILK: bullish ▲
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- fas.scot: https://www.fas.scot/article/agribusiness-news-october-2022-cereals/
- fas.scot: https://www.fas.scot/article/agribusiness-news-october-2022-milk/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.