UK Leads Europe on Dairy Restructuring

The analysis shows the opportunity available to UK dairy farmers to stabilise milk production in the years ahead, if farmers have the confidence to invest and grow their businesses, as the heifers are in the pipeline.

In the summary the analysis goes on to say that world stocks levels will be a primary influence on world market prices moving forward. Tracking stock levels will therefore be important as small changes will have a significant impact on price. Better information is required, as already found for most other major agricultural commodities.

"Although we face a volatile future, profitability for good dairy farmers will improve in the medium term compared to recent years," says the analysis. "The current market dynamics will widen profit differentials - the rewards for efficient, flexible businesses will be greater whilst inefficient businesses will be exposed and more likely to fail.

"Trust and confidence throughout the supply chain is vital. Customers must ask themselves what they are doing to build trust and encourage stability, for the benefit of everyone in the supply chain."

TheCattleSite News Desk

Sign up for our
regular news updates

Latest Dairy Industry News

•   FMD NEWS: More Chinese Cattle Hit By FMD
•   Preventing Spoilage In Cheese
•   Rift Valley Fever Threatens Botswana
•   FDA Seeks Order Against Michigan Dairy
•   Competing To Be The Top Dairy Farmer
•   Wet, Muddy Conditions Can Lead To Lameness
•   Weekly Roberts Report
•   Study: Agri-Food Industry’s View on Animal Cloning
•   Lameness In Ruminants Addressed In NZ
•   No Bull - The Importance Of Free TB Testing
•   Standard For Sustainable Cattle Production Systems
•   Make Good Breeding Decisions This Autumn
•   Cattle Producers Rally Against GIPSA Rule
•   Lowering The Cost Of Hot Water On Dairy Farms
•   International Workshop On Dairy Science