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Muller and Barber's both held their November 2018 milk prices, with Muller keeping 29.5p per litre and Barber's at 30.68p per litre. Both cited strong milk production and weak demand for cream and butter.
Tesco's sustainable dairy group farmers will see a rise to 31.24p per litre.
Heavy UK milk supply and weak fat demand signal soft dairy markets, with limited direct impact on feed commodity prices.
Not 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.