Brussels update, Farmgate milk prices, News

The EU average farmgate milk price was up 0.6% in September, to an estimated 29.9c/kg, but still 18% down from a year earlier. The milk price was higher than the previous month in 22 member states, but cuts were reported in the Netherlands (now down 25% from a year earlier) Lithuania (down 12% from Sep 2014), Latvia (-13%), Estonia (-10%), Hungary (-24%) and Ireland (-18%). Commission estimates for October point to prices falling back again, by an average 0.7% to around 29.7c, in October.