Category Archives: Dairy

COVID-19 is a black swan

COVID-19 is the black swan event that no-one saw coming. There is no precedent and so historical models tell us very little as to either the global health implications or the global economic implications. Much of the commentary we are … Continue reading

Posted in Agribusiness, China, Dairy, Meat Industry | 13 Comments

Declining dairy assets, high debt and land-use change

In recent weeks I have been writing about dairy-farm debt and declining asset values. In this article I pose the question as to whether or not we can expect to see a significant number of dairy farms convert to other … Continue reading

Posted in Agribusiness, Dairy, Meat Industry, Rural Finance | 8 Comments

Dairy debt and declining values create an equity pincer

Some weeks back I wrote how the market value of dairy land is declining substantially. The biggest factor is a change in bank-lending policies such that local buyers cannot get funding. The second key factor is that foreign buyers can … Continue reading

Posted in Dairy, Rural Finance | 1 Comment

Artificial-food debate needs science, not science fiction

In recent months I have received many emails asking if I have seen the RethinkX report  demonstrating how in ten years’ time animal proteins will have been largely replaced by artificial foods. By 2030, demand for cattle products will supposedly … Continue reading

Posted in Agribusiness, Dairy, Land and water, Meat Industry | 11 Comments

Declining dairy farm values are likely to continue

Dairy farm values have been declining now for well over a year and there is no sign they will stabilise. The key issue is a lack of buyers with the necessary finance. The implications are starting to get serious. There … Continue reading

Posted in Agribusiness, Dairy, Uncategorized | 12 Comments

Fonterra resolves Chilean dispute with buy-out

Fonterra’s announcement that it is purchasing the minority shareholding interests in Chilean dairy company Prolesur solves an acrimonious relationship between Fonterra and the Fundación Isabel Aninat. This may prove to be an early step in the rationalisation and eventual divestment … Continue reading

Posted in Agribusiness, Chile, Dairy, Fonterra, Uncategorized | 2 Comments

Mycoplasma bovis eradication assessed as still feasible but with major caveats

The Mycoplasma bovis Technical Advisory Group (TAG), in its latest report released today (30 October 2019), has made a judgement that eradication of the disease remains feasible. As such, the national eradication program will undoubtedly continue. However, within its report … Continue reading

Posted in Agribusiness, Dairy, Mycoplasma bovis | Leave a comment