The cost of producing milk is higher than that being paid by milk processors, leaving farmers operating at a loss“Every morning that I roll out of bed at 4.40am, I know I’m losing £1,800 that day, just by getting up.” This is the stark daily reality for Paul Tompkins, as he and his fellow dairy farmers struggle in the face of plummeting milk prices.Tompkins, who is the third generation to run his family’s 234-hectare (600-acre) farm in the Vale of York, can produce milk for about 40p a litre from his 500-strong herd of black and white Holstein cows. However, he is being paid only 29p a litre by his milk processor, leaving him operating at a loss, despite trying to run his business as efficiently as possible. Continue reading...