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UK farmgate milk prices stalled as wholesale dairy values fell for a third consecutive period at the GDT auction. GB milk deliveries rose 2.9% year on year, and the actual milk price equivalent dropped 1.9p to 51.3p per litre in October.
Rising European milk output alongside softer wholesale demand is pushing down dairy product values and farmgate prices. Industry sources expect prices to be near their peak.
fwi.co.ukCharlie ReeveNov 2, 2022Not 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.
