milking parlour© Tim Scrivener
Top-performing dairy farms made almost 9p/litre profit in the year to the end of March 2017, while the poorest performers lost 13p/litre. This was despite the bottom 10% receiving an average milk price of 25.76p/litre, which was 0.77p/litre more than the top producers, according to a report from accountant Old Mill and the Farm Consultancy Group (FCG). See also: What are the prospects for UK dairy trade post Brexit? These figures are before rent, finance and single farm payment are taken […]
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