Milk price

The global dairy market has strengthened, supporting prices here in the UK

The co-operative has announced a price increase for both conventional and organic milk in June

Muller dairy farmers will receive 38ppl from 1 June 2024

Dairy farmers are producing in a new era of higher costs, more price volatility and a smaller safety net, but there are still plenty of opportunities

New NFU dairy board chair Paul Tompkins said that if farmers knew what was influencing their milk prices, they would understand the ‘risk profile' of their milk and be able to make ‘business decisions' based on that

The UK Government is being urged to rethink its ‘not for EU’ labelling scheme which is set to be introduced in October

Outgoing NFU dairy board chair, Michael Oakes said: "They [the processors and retailers] need us and we need them. While we will not agree all the time, by any means, I think actually working together means we are so much stronger"

However, the organic price will increase in the UK by 1.34ppl

The standard litre price will increase from 35ppl to 37ppl

The issue of cheap food imports is one of the major issues facing a large dairy farming business in Mexico