• The unprecedented downward pressure in the UK/EU being exerted on all dairy markets continues, with further cuts in milk price of -1.50p/l applied to Standard Liquid and Davidstow contracts from March. That said, DCD has also agreed to the application of a ‘milk price floor’ or ‘price underpin’ to apply for a four month period (1st March/30th June inclusive) where no further price reductions can apply. The application of a milk price floor does not preclude any further milk price increases during the floor period should market conditions improve. March standard litre prices paid to 25.09p/l for Davidstow, and 23.09p/l for Standard Liquid contracts. Milk price chart within Newsletter updated as more prices declared. Click link to view more detailed news.