Milk price rise is welcome, but it's not enough

Ashbridge, Ian
March 2007
Farmers Weekly;3/16/2007, Vol. 146 Issue 11, p29
Trade Publication
The article states that the recent rise in the retail price of milk are still not enough to allow the reinvestment of the business needs, according to Robert Bowditch of Bowditch Family Farms. He states that America's enthusiasm for bioethanol plants has created demand for wheat and soya, pushing world prices up. Bowditch fears that, with a similar enthusiasm building in Europe, straights prices will be pushed even higher by the biofuel demand.


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