This isn't your daddy's dairy industry anymore

摘要

A REPORT last month from a major dairy lender confirmed what many producers already knew by the seat of their pants: the era of mostly gradual ebbs and flows in U.S. milk prices and production costs is over. In its place is constant unpredictable global volatility that is often sudden, sometimes extreme and occasionally fatal. The report's take-home messages: get used to it, and you can't thrive if you don't survive."The U.S. cycle as we knew it died in the mid-2000s," says one subhead in "Dysrythmia: The End of the Old Dairy Price Cycle" issued October 10 by the Rabobank Food and Agribusiness Research and Advisory Group. "The death of the old dairy cycle warrants a new approach to planning,'' says another.