Will milk price rise be enough to counter escalating cost of borrowing for forward plans

摘要

With milk prices certain to be a major talking point at this year's Dairy Event laterthis month, Dairy Farmer asked HSBC's head of agricultural services for his insightinto investing for the future. Dairy farmers have hada rough ride on milkprices for several years,but the market ischanging rapidly onthe back of increased demand formilk products globally.In short, demand is outstrippingsupply and the farm gate milk pricehas started to rise. Slowly. Tooslowly for most dairy farmers whenthey relate it to the improvementthat some processors are seeing fortheir end products.