Milk in a bulk tank© Tim Scrivener
With producers seeking to capitalise on the rising milk prices by increasing output, Anderson’s Tony Evans urges producers not to get carried away. As the milk price rises, it brings great relief for all milk producers. However, I would suggest we need to be very careful about how we react. The main reason for the decline in the milk price and profit over the past two years will be the straightforward economic phenomenon of supply and demand (see “UK cumulative milk […]