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The dairy said it was doing what it can 'to support, and protect security of supply'

The cooperative said the outlook was stable

It follows years of campaigning from the UK farming unions

Barber's cheesemakers has also announced a 'stand-on' price for March

Speaking at this year's Semex International Dairy Conference in Glasgow, Chris Walkland predicted an improving outlook for 2024

Normally the family aim to milk a herd of around 120 cows, but at the moment they are only milking 70 cows

The dairy said it was a ‘good start to the new year’

The announcement comes after Muller confirmed they would be selling their Milk & More to Freshways Group, with the dairy processor focused on its supply of fresh milk, yoghurt and other dairy products for retail and wholesale

UK butter prices have increased in line with EU prices to £4,450/t, with cream at around £2.00/kg now, having been in the doldrums over the summer at £1.60 to £1.70/kg

Sustainability, potential export markets and monitoring future supplies were top of the agenda as chief reporter Rachael Brown spoke to Muller’s Rob Hutchison about the dairy’s priorities looking ahead