Prices & Trends

Arla has announced that its UK March manufacturing milk price is to increase by 0.90ppl to 30.9ppl, in line with increases for its European farmer suppliers.

Chinese dairy imports could be down a quarter or more as a result of the Covid-19 coronavirus as diners in the country are forced to stay at home, analysis by Rabobank has revealed.

More than a quarter of UK food and drink businesses spent at least £1 million on stockpiling last year for a threatened no-deal Brexit which never took place.

Arla Foods Group has announced strong global growth in 2019 driven by branded products, but a weakened exchange rate saw UK revenue dip. 

What to watch: Our old crop price level destiny, for now, is largely wrapped-up in the French/Russian export battle.

Farmers may look back on the 2019/20 grain season as one of the most buffeted by external events they can remember.

Global dairy prices are increasing, but that has yet to filter through to higher UK farmgate prices.

What to watch: 2020 wheat production estimates remain difficult to predict, but it is clear we will need to import a huge tonnage. The spread between UK and Continental prices will remain the key metric to monitor.

Continued pressure on margins should prompt serious business planning, consultants Andersons advised visitors to Dairy-Tech

Coronavirus is starting to have an effect on global agricultural commodities, largely because of a drop in oil prices.