Dairy farmers urged to revise budgets as milk prices fall

摘要

A serious farm budget review should be undertaken to determine breakeven points this spring by farmers facing falling milk prices and fluctuating cost bases.This is the message from dairy consultant Tony Evans of Andersons, who is reviewing budgets in detail for his own dairy business and advising clients to do the same."Some significant items went up and came down, while others went up and stayed up," said Mr Evans. "I must understand where my costs will be and what my return is on my new milk price - another reset."