Eucolait and global dairy dynamics

This week, after Chris’ milk market report, Will is joined by Erik Elgersma, founder and director of Strategic Analysis Services BV and John Allen, Kite Director to discuss their key take homes from the recent Eucolait workshop. John and Erik summarise the subdued short-term and more positive long-term dairy outlook around the world. They discuss the need to think about food as a strategic asset and focus on food security. Plus, how we must prepare for living and farming through climate change and move away from the globalisation of dairy, towards more regionalised supply and price management. They also discuss the need for traders to rely more on market signals rather than market sentiment.