Business

UK milk production is running at record levels, with prices holding up so far, but there is uncertainty on the global market caused by the simmering trade war following Donald Trump's tariff announcements

Dairy producers have been urged to take the time to read and understand the new contracts and what it means for their business

Some processors are optimistic that commodity prices and farmgate prices will remain strong after 'the flush', as milk starts to decline through to the trough

For the past five years UK peak milk day has come between the May 5 and May 12

The next 10 years could deliver profit for dairy producers, but there are likely to be fewer of them to enjoy that better fortune according to Andersons experts speaking at their Spring business seminars

It comes as the Government consults on further reductions

There has been a 23.7% decrease in Scottish milking herds over the last decade, according to the Scottish Dairy Cattle Association

After milk prices plunged in 2023, last year saw a welcome recovery with many values approaching 50ppl, but can producers expect prices to continue rising?