Business

Before Christmas, commodity prices were falling, and end-use buyers sensed the tables had turned in their favour once again

The dairy said turnover fell as a result of volatility in like for like milk prices

Lower milk production has given support to milk prices but farmers will now be looking at the prospects for the UK and beyond in the next few months

The early October pullback in price levels from the record butter and cream prices, including some of the higher moisture cheeses such as mozzarella, may be deemed to have arrived a little premature

EU spot prices for butter came off markedly in the first week of October, with prices for Q4 crashing €500 (£419) or so to around €7,500/tonne (£6,283), with prices €1,000/tonne (£838) lower than that for Q1

Smaller farms producing lower volumes have been impacted by the decision by the dairy giant

Post-Brexit farm payment schemes continue to evolve as direct supports in England dwindle and new systems are proposed in Scotland and Wales

A group of farmers affected by the collapse of Mona Dairies have come together to offer each other support

At a recent meeting at Lydney Park Farms, an AHDB Strategic Farm in Gloucestershire, the importance of setting key performance indicators and targets was discussed. Ellie Layton reports.

The dairy will pay 39ppl for July, including the Muller Advantage premium