When world dairy markets are booming and prices are at levels not seen since the 1990s, why is it that UK prices are so poor? Whenever dairy farmers get together one issue now dominates conversation - the price of milk and why UK returns are so bad. This is no new situation, since before and after the MMB era UK milk prices have languished at the bottom of every European league table. But making matters worse now is the fact that prices are poor despite every report saying that international dairy prices are at record highs. For producers the inevitable concern is that if things are as grim as they are now when times are good, what will happen when prices dip again on global markets?
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