NFU: competition to hit milk prices more than floods
Speaking to FoodManufacture.co.uk for this exclusive podcast, Robert Newbery said although the flooding was a terrible thing, he couldn’t see it having an immediate effect on milk prices in the market place.
No immediate effect
“I don’t see an immediate effect of flooding and the rain on production and market prices at this stage,” he said.
“Only two years ago we saw the very difficult late spring, the weather caught up later in the summer and the actual impact on output wasn’t as great as some people thought. The seasons have a way of making up for themselves, but that said, for businesses effected it’s a very serious and acute problem.”
Listen to this podcast to hear Newbery talk about the bad weather, as well as plans to increase dairy production in the UK.