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Auction result welcome but industry needs to remain vigilant
19 August 2015
Auction result welcome but
industry needs to remain vigilant
Federated Farmers has welcomed the outcome of this morning's GlobalDairyTrade auction, but says those in the dairy industry need to remain vigilant.
Dairy Industry Chair Andrew Hoggard says “The outcome of this morning’s auction suggests there might be light at the end of the tunnel, but what the industry needs is for this to continue and hold.”
“In the meantime, Federated Farmers will continue to work with farmers, sharemilkers and other key industry players to encourage them to re-examine their budgets and business plans, and to obtain the support of banks, farm advisors and other experts in making key decisions.
"Whether it’s seeking
flexibility from your bank and suppliers or doing the sums
on things such as culling, drying off early or once-a-day
milking, there are a number of options that dairy farmers
and sharemilkers can consider to ease the pressure they will
continue to
face.”
ends
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