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UK processors including Muller are announcing March milk prices with cuts of up to 3 pence per litre. Dairy farmers are concerned about how quickly prices are falling and where the market will settle.
Processor price cuts pass lower wholesale dairy values to farmgate milk prices, reducing producer income. Continued uncertainty over the market floor keeps the price outlook bearish.
farmersguardian.comAlex BlackFeb 3, 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.
