GB milk deliveries in October 2026 fell an estimated 4.1% year-on-year to about 1,053m litres, though supplies remain above the five-year average and are the second best for an October in the past decade. Year-to-date supplies (April-October) are 2.6% below 2025, with farmers facing high forage, fuel and fertiliser costs and bluetongue spread.
Shrinking UK milk supply tightens dairy availability and may force milk prices higher to retain production, though a weak fats position limits commodity-market support. Feed buyers should expect firmer dairy-linked demand for feed and watch input cost pressures.
After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.
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.