Milk prices

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

After a run of nine months of non-stop price increases by some milk buyers, the pace has slowed considerably to the point where mostly only milk buyers on time lags are left to announce changes

Arla has raised its December milk price with other dairies holding steady for January

Dairy farmers supplying Muller have expressed frustration with the hold from the company for December

The milk price for November will increase for both conventional and organic milk

This week from Farmers Guardian editor Olivia Midgley

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