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First Milk, Muller, Arla, Grahams and Lactalis have announced milk price increases in the UK. The AHDB-referenced market indicators AMPE and MCVE have risen to 36 to 37 pence per litre, up nearly 60% year on year, and milk prices have risen to around 27 pence per litre.
Processor price increases tied to firm butter, cream and cheese values support farm-gate milk prices and point to a stronger market into winter.
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.