◂ Event Timeline

Oct 25, 2018REPORTUK

Figures to September 2018 (published on 25 October 2018)

UK statistics for September 2018 show the average farm-gate milk price at 30.63 ppl, up 3.2% on August and 0.6% year on year. Butterfat rose 1.2% month on month to 4.09%, and September milk volumes fell 2.5% on August to 1,165 million litres, in line with seasonal patterns.

WHY IT MATTERS

A modest seasonal rise in UK farm-gate prices with volumes easing signals a steady domestic milk market, with little direct effect on feed demand.

AFFECTSMilk (Class III)

SOURCE
gov.ukOct 25, 2018

Price reaction & history

Milk (Class III)no directional readSO FAR1d +0.2%5d -4.6%20d -6.6%

After 664 past report events, Milk (Class III) moved a median -0.1% over 5 sessions (44% higher; middle half -0.7% to +0.5%), and -0.1% over 20.

Sep 25, 2018Figures to August 2018 (published 25 September 2018) - GOV.UK-0.1%
Dec 6, 2017Figures to October 2017 (published 6 December 2017) - GOV.UK+1.2%
Jan 25, 2018Figures to December 2017 (published 25 January 2018) - GOV.UK-3.5%
Jan 3, 2019Figures to November 2018 (published on 3 January 2019) - GOV.UK+1.7%
Jan 4, 2018Figures to November 2017 (published 4 January 2018) - GOV.UK-10.8%

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 ▸

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