
Scottish milk output is expected to rise modestly through the housed period, though overall supply remains below last year. Daily production for the week ending 17 October 2026 was 3.9% lower year-on-year, and GB September output was 998 million litres, 28 million litres lower than a year earlier.
The Defra September farm-gate price was 38.45ppl, 16% below a year earlier, with several processors announcing November price changes.
Lower milk supply and tight forage keep dairy input costs and raw milk values firm, which tends to support demand for dairy-related feed ingredients in the UK. Processor price moves mixed (increases from Lactalis and Müller, a cut from Arla) signal uneven regional balance.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.