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Indicated milk price in the European market decreased even more, it is the lowest it has been for 18 months. On 31 July, milk price stood at LTL 1,19 (EUR 0,35) per 1 kilogram. It is by LTL 0.03 (EUR 0.01) less than one week ago.
Milk price drops 20 percent
© Shutterstock nuotr.

Milk producers should be concerned with such price decline as indicated milk price has been steadily decreasing since December 2013.

Over the past seven months, milk price declined by 20 percent, then the price was EUR 0,48/kg.

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