Expansion drive to require rigid financial plan

Expansion in milk production is the buzz topic in farming, targeted to increase 50% in the period up to 2020.

The summary of all the discussions and debates seems to suggest that the target of 50% can be achieved — but a lot will depend on milk price.

With all the improvements in dairying technology and dairy breeding, and the continuing increase in the number of well-bred dairy heifers being bred, the least of the problems in increasing milk production by 50% will be at farm level, if milk prices and finance availability are favourable.