◂ Event Timeline

Jan 3, 2019REPORTUK

Figures to November 2018 (published on 3 January 2019)

UK average farm-gate milk price for November 2018 was 31.61 pence per litre, up 0.6% from October but down 1.1% year on year. Butterfat rose to 4.19% and November volumes fell 1.8% month on month to 1,177 million litres.

WHY IT MATTERS

The modest monthly rise in UK milk prices with seasonally lower volumes shows a small firming in dairy values. The impact on feed demand is limited.

AFFECTSMilk (Class III)◆

SOURCE
gov.ukJan 3, 2019

Price reaction & history

Milk (Class III)◆neutralSO FAR1d +3.7%5d +1.7%20d +1.5%

After 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.

Jan 4, 2018Figures to November 2017 (published 4 January 2018) - GOV.UK-10.8%
Jan 25, 2018Figures to December 2017 (published 25 January 2018) - GOV.UK-3.5%
Jan 9, 2020United Kingdom milk prices and composition of milk - November 2019 statistics (published 9 January 2020) - GOV.UK-0.1%
Jan 23, 2020United Kingdom milk prices and composition of milk - December 2019 statistics (published 23 January 2020) - GOV.UK+0.1%
Nov 28, 2019United Kingdom milk prices and composition of milk - October 2019 statistics (published 28 November 2019) - GOV.UK-4.0%

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.

Milk (Class III) MILK · GP ▸

——— · ·

Loading…