Loading…
UK average farm-gate milk price for November 2017 was 31.88 pence per litre, up 0.3% on October and 25% higher than a year earlier. November wholesale volumes fell 2.3% to 1,164 million litres, following seasonal trends.
Revisions to England and Wales volumes from January to October 2017 had a minor effect on prices.
Stable prices with seasonal volume decline point to balanced UK milk supply, with little direct effect on feed commodity demand. The data mainly confirms the existing trend.
gov.ukJan 4, 2018After 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.
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.
