Future’s Bright for Dairy Industry, Says Dairy UK
UK - Prospects for the dairy industry are good, as trading conditions for farmers continue to improve, Dairy UK said today in response to DairyCo’s annual farmer intentions’ survey.
5 May 2008
1 minute read
Dairy UK Director General Jim Begg said: “Major changes in the dairy market over the past year have improved trading conditions for most dairy farmers. However, for UK milk production to fully stabilise, farmers need the confidence to undertake major investment, allowing them to achieve production efficiencies whilst meeting a growing burden of regulatory costs.
“It is therefore important that the maximum value is obtained from milk. The recent rise in farm gate prices has seen milk recover the ground it has lost over the past 10 years, and sterling’s devaluation will underpin these gains.
“Longer term the prospects are good. The opportunities for further gains from product innovation, supply chain co-operation and efficiency improvements are still enormous. Dairy companies are focusing on product differentiation to generate more added value. The industry is working closely with its customers to realise the opportunities in the market place.
“Aside from these developments producers can be reassured that UK fresh milk and dairy products are just too important to the UK consumer for the market to be unable to adequately reward UK farmers.
“A world-class industry is being built that can take on the challenges of tomorrow and forward looking farmers can be confident that there is a future for them in this industry.”
TheCattleSite News Desk
