# Concerns for dairy farmers as milk price cuts cause losses - Farmers Weekly

> Several UK processors have cut farmgate milk prices for five straight months, with May values down almost 30% from the start of the year. Farmgate prices of 35-40p per litre sit below estimated production costs of 40-45p. Processors cited limited demand and rising supply across Europe, and wholesale values for cream, butter, SMP and cheddar fell in April.

- Date: 2023-05-03 · published 2023-05-03T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/4118-concerns-for-dairy-farmers-as-milk-price-cuts-cause-losses-farmers-weekly
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling European dairy wholesale values and weak demand are pushing milk prices lower, which reduces dairy farmers' incomes and could cut dairy-related feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/milk-prices/concerns-for-dairy-farmers-as-milk-price-cuts-cause-losses

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