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.
AUSTRALIA’S milk production is set to fall significantly in the 2016/17 season due to the damage caused to farm cashflows and industry confidence after the late cuts to milk prices in April this year.
THE PROFITABILITY of UK farming fell by a staggering 29% in 2015, a loss of over £1.5 billion ($AUD 0.89 billion), according the nation’s farmers’ union.
DAIRY Australia’s next Situation and Outlook report will be released on June 1st, as a challenging season for many farmers approaches its end.
GLOBAL DAIRY markets have only recently begun to show signs of recovery, though more positive market sentiment risks being countered by the ongoing fundamental issue of booming supply outpacing demand growth.