date:Dec 14, 2022
AO Dairy Price Index showed a 1.2% decline in dairy prices in November from October, declining for the fifth consecutive month. However, dairy prices continue to be 9.2% higher than one year ago, driven by inflationary pressures from earlier in the year.
FAO says that there is an increased export availability in Europe.
Nevertheless, consumers are paying considerably more for the finished product at stores. While dairy prices are globally up 9.2%, commodity-wise, in the UK consumers are seeing