Executive director of the Global Dairy Platform, Donald Moore, recently told an Australian audience that the biggest future threat to the world dairy industry could be synthetic milk.
Some time ago, I used this column as a platform to subtly complain about the lack of action in translating my Farm World field day machinery purchases to actual shiny steel in my yard.
I know you’ve been hanging out for an update on the Ford 7700, purchased before Christmas on something between a whim and a brain fade.
Those with an ear to global dairy markets have noticed an unwelcome change in the last few weeks, as the bullish sentiment that propelled commodity prices significantly higher in late 2016 begins to fray.
The balance in global dairy supply and demand has improved markedly in recent months, while closer to home farmers are seeing some improvement in drivers of farm profitability, according to Dairy Australia’s February 2017 Situation and Outlook report released today.
Calendar year 2017 has begun in much the same way as 2016 ended; with a well-balanced global commodity market, and some improvements to (still challenging) margins on farm.
COMMENCING amidst brutally dry conditions in many regions, progressing through a farmgate price shock, generous servings of supply chain acrimony, and into a period of excessively wet conditions and thin-to-negative margins, 2016 is a year that many in the dairy industry will be keen to forget.
WELL I don’t know about you, but I’ve finally reached it.
That juncture in life at which it dawns upon you that the world has gone too far.