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The UK average farm-gate milk price for November 2019 was 29.69 pence per litre, up 1.0% month on month but down 6.0% year on year. Butterfat rose to 4.30% and protein to 3.47%, while November volumes fell 2.2% from October to 1,167 million litres.
A small monthly price gain alongside lower volumes points to a tighter UK milk supply at the start of winter. The effect on feed demand is modest.
gov.ukJan 9, 2020After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.
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.
