Q2-2022
Where to start? It is fair to say the last year has been the most volatile period of dairy pricing in living memory – nothing compares to the dramatic rise of dairy prices over the last year and it doesn’t look like the trend will be reversed any time soon
France and Germany are the two main milk producing countries of Europe accounting for 37% of the EU’s total output. Both countries had a very weak production year in 2021 with milk collections down 2-3%. According to the Farmers Journal ‘reports suggest very poor fodder quality in France and rising feed prices are putting the […]
At the moment the European consumer is not seeing the full effects of the price increases but it is predicted that this will be passed on by retailers in Q2.
Sustainability initiatives implemented by governments throughout Europe are also setting targets for farms to meet in order to cut down on emissions. The increasing threat of climate change is high on the agenda for governments to tackle due to the increased political pressure applied by a concerned public. According to a report by Globe News […]
Another looming cloud on the horizon is the increasing tension at the Ukraine/Russia border. The threat of war hangs over the region and both countries also happen to be key exporters of grain and ammonium nitrate which is used in production of fertilisers. Ukraine and Russia account for 30% of the world’s wheat exports. The […]