Farmers in the US are faring best in the dairy price downturn.
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On pages 38 and 39, Aidan Brennan gets a feel for how dairy farmers around the world are coping. Danish farmer John Traedholm reports that just 10% of Denmark’s farmers are breaking even at current prices. In Australia, Murray Goulburn, the country’s largest milk processor, is forecasting a price of just under 24c/l for next season. Australian dairy farmer Trevor Saunders tells us this is 3.5c/l below the costs of production. Clearly capitalising on access to cheap feed, the US dairy industry appears most resilient – less of a dependance on export markets is also noteworthy. While the price pressure is forcing less efficient farmers out of business, Wisconsin dairy farmer Walter Owens does not predict any drop-off in production. Instead, these cows will simply move farmers with the more efficient units continuing to expand.
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On pages 38 and 39, Aidan Brennan gets a feel for how dairy farmers around the world are coping. Danish farmer John Traedholm reports that just 10% of Denmark’s farmers are breaking even at current prices. In Australia, Murray Goulburn, the country’s largest milk processor, is forecasting a price of just under 24c/l for next season. Australian dairy farmer Trevor Saunders tells us this is 3.5c/l below the costs of production. Clearly capitalising on access to cheap feed, the US dairy industry appears most resilient – less of a dependance on export markets is also noteworthy. While the price pressure is forcing less efficient farmers out of business, Wisconsin dairy farmer Walter Owens does not predict any drop-off in production. Instead, these cows will simply move farmers with the more efficient units continuing to expand.
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