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Farmers Weekly has mapped the farm gate milk prices paid to producers in 40 of the largest milk-producing countries, with year-on-year changes. The UK price for October was 24.17p per litre, just below a year earlier and 22.2% above the June low, with UK production down 6.7%.
The comparison shows global milk prices recovering unevenly from the 2016 low, which gives a general picture of the price environment but does not signal a new driver.
fwi.co.ukJack YatesDec 22, 2016Not 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.
