Cost of Production rising to 40ppl plus Interest & Inflation Impact

This week Will and Ben are joined by Neil Wilson, Director of SAB Advisory Ltd and Edward Lott, Managing Partner at Kite. With our recent analysis predicting break-even milk price at 40ppl, they discuss the time delay between input price and milk price rises and the impact this is having on cash flows. Also, given this week’s interest rate rise, revised predicted inflation rates and the likelihood of seeing costs continuing to increase, they highlight the importance of regularly reviewing budgets. With Chris now back from holiday we have our usual milk market report and make sure you listen to the outtakes at the end for Becki’s Freudian slip on his holiday activities!