
UK average farm-gate milk price for December 2018 was 30.69 pence per litre, down 2.9% from November and down 2.9% year on year. Butterfat fell to 4.16%, while December milk volumes rose 5.1% month on month to 1,234 million litres.
Lower UK farm-gate prices reflect soft dairy markets and seasonal volume increases, which pressure milk-based feed demand and dairy margins. Milk price weakness can reduce dairy herd size over time.
After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% 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.