NZ dairy update & Muller acquisition of Yew Tree Dairy

There was lots for hosts Will Evans and Ben Eagle to discuss with the guests on this week’s podcast. Firstly, along with the usual milk market update, Chris Walkland and John Allen discussed the very positive news regarding Muller’s acquisition of Yew Tree Dairy and the wider commitment to the sector being shown by UK based processors and how this is supports a positive outlook for UK farmers. Chris & John also joined NZ AgFirst CEO; James Allen and Kite’s Edward Lott in reviewing the past NZ dairy season and discussing Fonterra’s opening forecast price for the season ahead, including the comparative Cost of Production and how this could impact on farmer confidence, sentiment and investment. James looks ahead to the changing structure of NZ dairy including political, environmental and export market influences and they discuss how this compares to the UK.