Loading…
Freshways will cut its farmgate milk payment to 29.4p per litre from December 1, reversing most of two months of increases. Arla reduced its standard November payment to 40.41p per litre, citing high global milk availability and retreating whey protein prices.
Lower processor payments reflect ample milk availability and weaker dairy-market returns, putting downward pressure on farmgate prices and producer margins.
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.