UK Spot Milk Prices Plunge Amid Growing Oversupply Pressure
The UK dairy market is experiencing significant turmoil as spot milk prices have dramatically fallen due to a surge in milk supply, leaving processors overwhelmed. According to the latest market updates, spot milk prices dropped to as low as 28-30ppl (pence per litre) — a sharp decline from recent levels. This sharp fall is attributed […]
China’s milk oversupply to persist in first half of 2025
China’s milk supply will continue to be in excess in the first half of 2025, but will normalise in the second half of the year following efforts to regulate production, the agriculture ministry said in a statement on Friday. The world’s third largest milk producer is awash with unwanted milk as falling birth rates and cost-conscious consumers […]
Cooler Weather Halts Milk Crisis
Cooler weather meant that demand for milk products and value-added items like buttermilk and ice-cream did not show the usual rise. Between January and March, India was facing a shortage of milk products such as butter and ghee, raising prospects of imports in a country that is the world’s largest supplier of liquid milk. Today, […]