Heard today of a 'local' liquid milk processor is telling his farmer suppliers that he thinks
milk will be back down to 27 ppl this autumn.
Being part of a European Dairy Co-op, our milk price is based on european milk price, exchange rates & profits from 'our' processing/marketing.
It's very interesting to see milk prices follow Arla's prices down & cite the market ... but will they follow them 'up' (if & when!) in the same fashion? Or will UK processors then suddenly (predictably) 'remember' that they're not tied to the same formulae?