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Dairy producers have been urged to take the time to read and understand the new contracts and what it means for their business

For the past five years UK peak milk day has come between the May 5 and May 12

The next 10 years could deliver profit for dairy producers, but there are likely to be fewer of them to enjoy that better fortune according to Andersons experts speaking at their Spring business seminars

It comes as the Government consults on further reductions

There has been a 23.7% decrease in Scottish milking herds over the last decade, according to the Scottish Dairy Cattle Association

After milk prices plunged in 2023, last year saw a welcome recovery with many values approaching 50ppl, but can producers expect prices to continue rising?

Before Christmas, commodity prices were falling, and end-use buyers sensed the tables had turned in their favour once again

The dairy said turnover fell as a result of volatility in like for like milk prices

Lower milk production has given support to milk prices but farmers will now be looking at the prospects for the UK and beyond in the next few months