IFCN at the IDF World Dairy Summit in Berlin 2009 08.Oct.2009

At this years IDF world dairy summit the IFCN presentation was focussing on the question “Fluctuating Milk and Feed prices - How farmers are affected and can react?”

The presentation showed the price developments of the three main world prices (world) and analysed that milk can be classified as one of the most volatile agriculture commodities. The IFCN indicate that at a price level of 20 US-$ only 2% of the world milk can be produced.

The key hypothesis was that in short to medium term it is not likely that the 145 million dairy farmers world wide reduce milk supply once milk prices decline.  Depending on the farm type (household farm, family farm or business farm) there are different challenges, goals, aim and risk strategies for farmers to react on the current dairy situation.

Here you can download the full IFCN presentation.

If you have any comments do not hesitate to contact anika.slabon@ifcndairy.org