Global Feed and Milk Price Trends and Influences

摘要

The global markets for dairy products and livestock feeds have been extremely volatile in recent years, resulting in uncertain times for dairy producers and processors alike. Current UK supply shortages resulting from low milk production over the lasttwelve months are resulting in milk price increases as a result of processors chasing milk supply, and this corresponds with increased prices on world dairy commodity markets. In the short term this is likely to result in very strong milk prices in theUK domestic market, particularly for those supplying into the fresh liquid market.