Bleak economic outlook and high rates of coronavirus in key importing regions of most concern to dairy co-ops

EU processors to increase milk prices but ICOS says market 'very challenging'

The EU is the most price competitive region for cheddar, but exports of EU skimmed and whole milk powder are difficult.

EU milk price prospects remain promising, with some large processors increasing payments in the coming months.

In August, FrieslandCampina based in the Netherlands will add €1 per kg, while Lactalis (France) and DMK (Germany) will increase prices by 60c and 50 per 100kg, respectively, according to the milk price comparison carried out by ZuivelNL on behalf of the LTO Nederland farmers organisation, in collaboration with EDF (European Dairy Farmers).