
AHDB reported that Great Britain’s October milk deliveries were 4% below 2025 levels but 1% above the five-year average. It said falling milk prices and higher input, energy, fuel, and fertiliser costs are squeezing margins; dry summer conditions reduced forage availability and raised straw and forage prices, while bluetongue continues to affect production.
Lower milk prices pressure producer returns and may constrain future production, while tighter forage availability and higher feed costs add to dairy farmers’ expenses. This points to bearish pressure on milk prices but firmer forage values.
After 42 past weather events, Milk (Class III) moved a median +0.2% over 5 sessions (52% higher; middle half -0.9% to +2.5%), and +2.0% over 20.
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.