IDM ¦ Markets
What used to be true could
be completely different in
the future. For example, in
times of high milk prices,
milk production reliably increased until too
much supply corrected the revenues downwards.
This is no longer the case: milk prices
are rising from one record to the next,
but the supply of raw milk remains tight or
is barely growing. It was precisely this scenario
that IFCN (Int. Farm Comparison Network)
addressed in an online event entitled
"Is the dairy industry facing a new reality?"
at the beginning of April.
Indeed, milk production has been in
crisis mode for years. Keywords for this
are Corona, climate and conflicts as well
as changing consumer preferences. The
war in Ukraine further aggravates the scenario.
On the other hand, demand remains
32 · May/June 2022 ¦ international-dairy.com
Overview of the
global milk price
and factors
influencing it
(Fig.: IFCN)
IFCN
New realities for the dairy business
This world map
shows where
new dairy farms
are emerging
or existing ones
are quitting
(Fig.: IFCN)
/international-dairy.com
