# Farmgate milk prices stall as wholesale markets suffer - Farmers Weekly

> 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.

- Date: 2022-11-02 · published 2022-11-02T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/8819-farmgate-milk-prices-stall-as-wholesale-markets-suffer-farmers-weekly
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

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.

## Read by commodity

- MILK: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/dairy-markets/farmgate-milk-prices-stall-as-wholesale-markets-suffer

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.