Don’t repeat underfeeding mistake of past dairy slumps

AS you are well aware, milk price for 2009 are predicted to be more than one-third less than in 2008. Feed and especially fertilisers are significantly cheaper this year and will be some help.

If we get a better grazing season than the last two years it could also cut costs by a few cents per litre.

However, data from Dairy Profit Monitors and other records over the past few years indicate that profit margins will be very tight this year.