As milk prices continue to plummet due to a glut in supply, many UK dairy farmers risk going out of business.
Breakdown
- Milk prices have fallen below production costs due to overabundance.
- UK dairy producer numbers have dropped 20% since 2019. 19s
- Farmers are losing up to £20,000 monthly compared to last September. 51s
- UK milk prices are volatile due to global market factors. 1m 22s
- Industry experts expect further decline in dairy farmer numbers. 1m 34s