Loading…
UK average farm-gate milk price for October 2017 was 31.61 pence per litre, up 4.0% on September and 31% higher than a year earlier. October wholesale volumes rose 2.7% month on month to 1,155 million litres, and September and October figures were revised significantly.
Strong UK farm-gate prices reflect tight milk supply and firm dairy demand, supporting milk-linked feed and dairy margins. The revisions add some uncertainty to the price trend.
gov.ukDec 6, 2017After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% 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.
