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Defra data show the UK average farmgate milk price rose 4.8% to 38.45p per litre in September 2026. That level is still 15.6% below September 2025.
The AHDB says recent increases are not well supported by weaker wholesale dairy markets.
Weak wholesale dairy markets limit processors' ability to sustain farmgate increases. Lower UK milk returns could weigh on farm spending on feed.
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.