Record Breaking Butter Prices
Following Chris' report this week, Will and Ben are joined by Kite consulting director John Allen and Erik Elgersma, founder and director of Strategic Analysis Services BV. The group talk about the current record high butter prices and how these are underpinning milk prices at present as reflected in today’s milk price announcement by Arla and Muller. They go on to debate the potential risk of a milk price driven by one specific element. Moving on from butter to discuss current milk volumes and cashflows on farm and the situation regarding trade tensions between China and the EU.