Dairy Exporter January 2021
Fixing milk price
Milk price risk management isn’t about trying to beat the market, it’s about having a downside protection tool, says Nigel McWilliam of MBS Advisors. He recently spoke about the fundamentals of milk price fixing and how farmers can use tools to lock in a portion of their milk at a price that protects the farming business. Words by Anne Lee.
Evolution in milking frequencies
Less than half the national dairy herd is now milked twice-a-day (2AD) throughout the season as farmers evolve their systems to integrate 3in2, once a day (OAD) and more recently, 10in7. By Anne Hardie.