Ha my pocket wrote a reply, thought I would edit it and get away with it!
I think the situation seems pretty stagnant, if this is rock bottom I don't think it's too bad.
Youve got it the wrong way around surely."Turnover is vanity,profit is sanity,but cash is king",should be the right way.Profit is vanity, turnover is sanity but cash is king.
Cash flow will be what really makes farmers squeak over the next few months/years with low or negative returns.
A mate of mine who works for a major high street bank sorting business debt structuring is looking at quite a few big dairy farms in the South West at the moment, more than usual.