Dairy cows in field© FLPA/Rex Shutterstock
No-one needs telling the dairy crash is bad news. Farmers are sliding out of business, factories are filled with product processors can’t shift, and there is no hint of an upturn until next year. The reasons – global oversupply, Russia’s trade ban and dried-up Chinese demand – don’t need rehearsing. The sector has form with depressions, though. Most recently there were 2009 and 2012, the latter sparking an SOS Dairy campaign and a vaunted industry code. But this time feels […]