Milk shortage ‘will push up cheese prices’

Robigus

Member
http://www.thetimes.co.uk/edition/news/milk-shortage-will-push-up-cheese-prices-rbdhp2bgw

Milk shortage ‘will push up cheese prices’
Ben Webster, Environment Editor

November 14 2016, 12:01am, The Times

methode%2Ftimes%2Fprod%2Fweb%2Fbin%2Fc6f721e8-a9d2-11e6-9d1d-8992545bee51.jpg

More than 550 dairy farms have closed this year and production has fallen by 10 per cent
GIDEON MENDEL/GETTY IMAGES​

The price of British cheese is expected to rise early next year because of a milk shortage. Stores of cheddar are dwindling and production is dropping, the National Farmers’ Union has warned.

More than 550 dairy farms have closed since 2014 and production has fallen by 10 per cent. An oversupply of milk led processors to pay farmers low prices and many of them responded by culling their herds.

The wholesale price of milk has risen in recent months, but dairy farmers say that processors are continuing to pay them below the cost of production.

Sian Davies, the NFU’s dairy adviser, dismissed fears of a cream shortage at Christmas, but she said that there could be a cheese crisis in three to four months, the time it takes to mature.

She added that milk was being diverted from cheese production into cream and butter to cater for short-term demand from shops.

Michael Oakes, chairman of the NFU’s dairy board, said that the milk shortage would continue, because “you can’t just turn a cow on and off”.
 
Supply and demand, for many the milk price has not reached a sustainable level which would tend to indicate that there isn't a supply problem.........in fact the prices for many would suggest there is over production.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 102 41.0%
  • Up to 25%

    Votes: 91 36.5%
  • 25-50%

    Votes: 37 14.9%
  • 50-75%

    Votes: 5 2.0%
  • 75-100%

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

    Votes: 11 4.4%

May Event: The most profitable farm diversification strategy 2024 - Mobile Data Centres

  • 916
  • 14
With just a internet connection and a plug socket you too can join over 70 farms currently earning up to £1.27 ppkw ~ 201% ROI

Register Here: https://www.eventbrite.com/e/the-mo...2024-mobile-data-centres-tickets-871045770347

Tuesday, May 21 · 10am - 2pm GMT+1

Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ

The Farming Forum has teamed up with the award winning hardware manufacturer Easy Compute to bring you an educational talk about how AI and blockchain technology is helping farmers to diversify their land.

Over the past 7 years, Easy Compute have been working with farmers, agricultural businesses, and renewable energy farms all across the UK to help turn leftover space into mini data centres. With...
Top