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UK farmers enjoy increased milk prices
The farmers are happy about the increase in milk prices, after painful years of low prices, according to The DairyNews, citing The Guardian
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Dairy Crest, one of the largest dairy companies in the UK said that summer was a fairly "sudden" increase in prices, the company increased the price to farmers for raw milk by 12% since June.

According to the Department of environment,food and rural areas, the average purchase price of milk in July in the country increased by 3.3% compared with June. However, the price of milk is still 13% lower compared to the same period of 2015.

"Dairy UK has suffered three years of falling milk prices due to pressure from retailers who wanted to cut prices, but also because of falling export sales of British milk.

A slight increase in prices in recent weeks was due to the reduction of production volumes at farms and wet weather in June, then the steady hot weather in August played a key role in the increase in demand.

Darren Shirley, analyst at Shore capital, said that "in the short term we remain cautious regarding the UK, also due to the fact that the price of cream increased by more than two times from may 2016, it probably will negatively affect the amount of oil on the margin".



Translated by service "Yandex.Translation"
Источники: Dairynews
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