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Arla cut its January standard milk price by 1.09p per litre to 51.12p, and Muller, Tesco suppliers and others posted February cuts. First Milk and Barber's held prices steady, while wholesale dairy products fell through late 2022.
Widespread UK milk price cuts reflect weaker wholesale dairy markets and reduce farm incomes, potentially lowering demand for feed. The effect on feed commodity prices is limited.
fwi.co.ukSuzie HorneJan 5, 2023Not 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.
