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Muller, First Milk and Barber's have confirmed December price holds, while Arla cut its conventional milk price by 0.45p/litre for November. Liquid processor Freshways cut its milk price by 7p/litre from December, citing weak butter and cream values.
Analyst Chris Walkland said further cuts in January cannot be ruled out if commodity markets do not recover.
Weak butter and cream values are pressuring UK farmgate returns, and buyers are signalling possible further cuts. The effect on global dairy benchmarks is limited, since this is a UK-specific pricing story.
fwi.co.ukNov 4, 2026Not 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.
