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British Dairy Farmers Struggle as Milk Prices Plummet

1/18/2026

49 9 Full Breakdown

Summary

Story summary

British dairy farmers face financial hardship as milk prices fall and production exceeds the five-year average.
In late 2025, production rose over 7% above five-year average due to drought and higher feed purchases.
Paul Tompkins, a dairy farmer, reports receiving 29p per litre while production costs are around 40p.
Since 2019, nearly 20% of producers have exited the industry, and up to 10% more may leave due to price shocks.

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Story summary

British dairy farmers face financial hardship as milk prices fall and production exceeds the five-year average.
In late 2025, production rose over 7% above five-year average due to drought and higher feed purchases.
Paul Tompkins, a dairy farmer, reports receiving 29p per litre while production costs are around 40p.
Since 2019, nearly 20% of producers have exited the industry, and up to 10% more may leave due to price shocks.