Dairy
Moves by EU foodservice and manufacturing customers to shun UK cream have already begun to knock butterfat prices in Britain.
Agri-Business
International dairy giant Müller has raised a few eyebrows this week announcing plans to trial a new "Müller Vegan" range across Europe.
UK dairy processor First Milk and Muller announced further plans to increase milk prices, with First Milk deciding to increase their September milk prices, despite raising it just last week by 0.75p/L (0.89c/L).
Muller UK has decided to cut its standard milk price by 0.85p/L (1.07c/L) from May 1, 2016, bringing the milk price to 19.54p/L (24.73c/L).
UK dairy processors are finding it extremely difficult to find markets for milk and cheese this spring due to an increase in European production.
Müller UK & Ireland will offer a base price of 22.35p/L (31c) to non- aligned farmers in January 2016
Müller UK and Ireland has cut its September milk by 0.8p/L to 22.35p/L, which Müller says reflects a continuing softening in the market value of farmgate milk.
