Archive: EU farmgate prices reacting to reduction in wholesale prices

Published 12 September 14

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Average EU farmgate prices have fallen circa 12% between January and July after reductions in wholesale prices. Prices for EU butter, SMP and WMP fell by a similar amount (13%) over the same time, highlighting the link between wholesale market performance and farmgate milk prices. Wholesale and farmgate prices are expected to continue to follow this downward trend through to October due to the Lack of buyer demand on global markets, the Russian ban and increased milk supplies.

EU wholesale and farmgate 12.09.14