In the News
Supply and demand in action - why the price of milk has soared in the UK
![](https://tutor2u-net.imgix.net/user-photos/graham-watson.png?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
20th February 2023
Why did milk prices reach an all-time wholesale price record in December?
![](https://tutor2u-net.imgix.net/library/Economics/Farmgate-prices-graph-Dec-22-2023.02.16.jpg?auto=compress%2Cformat&fit=clip&q=80&w=800)
This Guardian article looks at the juxtaposition of factors that have caused this: higher input prices, including fuel and fertiliser, and labour shortages. Excellent for a mini case study on the causes of changing market prices.
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