2020 was certainly a year to forget so let us draw a line under it and consider the reasons to be cheerful for 2021.
A Brexit deal concluded in December 2020 has alleviated market fears and uncertainty - this will provide stability for milk markets.
A COVID-19 vaccination programme is well underway and if this successfully continues disruption to the food markets experienced in the spring of 2020 will not be replicated in 2021 - another positive for milk pricing.
Winter cereal planting conditions have been favourable particularly compared to last winter - this bodes well for cereal and straw prices later this year.
As ever, each year presents its own set of challenges and in this issue of our Dairy Newsletter the Wynnstay Dairy Team will look to provide insight and solutions to overcome these challenges. We will examine strategies for mitigating rising feed costs this spring and summer, as well as advise on the usual factors to consider at grazing.
