THE FUTURE OF MILK MARKETING IN THE UNITED-KINGDOM

The United Kingdom dairy market is static overall but the dynamics within each of the sectors are quite dramatic. On the milk supply side quotas have created artificial shortages, which in turn adversely impact on the UK balance of payments. In my view UK processors and farmers can only increase their income by adding value to their quota restricted milk supply or by arguing strenuously for the gradual removal of quotas. Finally this paper looks at the statutory Milk Marketing Scheme and likely changes in the way raw milk is priced in the UK.