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UK and EU farmgate milk market returns rose in September, led by higher butter, skim milk powder and mild Cheddar wholesale prices. The average market value of a litre of milk rose 3% between August and September.
Rising wholesale dairy values suggest upward pressure on UK and EU farmgate milk prices through the winter, though input cost inflation could limit gains.
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.