Worker in dairy parlour© Tim Scrivener
The current path of milk prices has serious cashflow implications that require careful appraisal and monitoring, warns Kite Consulting’s John Allen. A farmgate milk price of 26p/litre effectively means even farmers performing well are now sitting on a cashflow cliff edge. Further cuts in price will plunge them over and into freefall. This will be devastating to autumn milk volumes in the first instance, and then to the long-term sustainability of the industry. See also: Where to buy milk direct from […]