Milk Price Tracker

Horn&corn

Member
Not sure if it’s just us but if we don’t get some proper rain soon it won’t matter what milk price they offer as we’ll be selling a lot of cows. Not a chance we can afford to buy food in this time!!
 

Bald Rick

Moderator
Livestock Farmer
Location
Anglesey
Probably why the GDT has fallen.

Almost certainly. All the Chinese eastern sea ports are only on limited operation with boats stacking up to off/on load.

Fears of broader lockdowns weighed on global stocks on Monday, while oil and other commodities also fell in anticipation of lower demand.

Elisabeth Waelbroeck-Rocha, chief international economist at S&P Global Market Intelligence, said that, in addition to disrupting global supply chains and fueling inflation, coronavirus outbreaks and accompanying lockdowns had undermined Chinese economic growth in March and April, making China unlikely to reach its target of 5.5 percent growth in gross domestic product in 2022.


Above from this article in New York Times:

 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 105 40.9%
  • Up to 25%

    Votes: 93 36.2%
  • 25-50%

    Votes: 39 15.2%
  • 50-75%

    Votes: 5 1.9%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 12 4.7%

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