# Muller commits to 29p/litre until March - Farmers Weekly

> Muller held its farmgate milk price at 29p per litre for February after cutting it 1.5p for January. Arla's January price fell 1.3p to 31p per litre, and December wholesale prices for cream, butter, skim milk powder and mild cheddar dropped 14%, 11%, 3% and 8% month over month.

- Date: 2018-01-02 · published 2018-01-02T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/5203-muller-commits-to-29p-litre-until-march-farmers-weekly
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling wholesale dairy product values are pulling farmgate milk prices lower across UK processors. Continued weakness in butter and cream points to further downward pressure on milk returns.

## Read by commodity

- MILK: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/muller-commits-29p-litre-march

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