date:Aug 06, 2015
e litre. Many dairies are going out of business as a result of the squeeze on prices. The price that farmers are paid for their milk is reported to have dropped by more than 25% since the same time in 2014.
Retailers, however, blame the crisis in dairy pricing on the global market, which is under tremendous strain. They say that it is not a local UK issue, but prices are low due to a global surplus of milk, coupled with lower-than-expected demand from China, which promised to be a bigger market