Dairy Diary 2023: Loved by 25 million since its launch, this edition is better than ever! A unique and useful A5 week-to-view diary with 52 delicious triple-tested weekly recipes and much more.

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As it has been since the first World Dairy Congress held in 1903 in Brussels, the IDF WDS has been an unmatched opportunity to collaborate on the most promising opportunities and most important challenges in the dairy sector,” Brazzale said. “The hard work and dedication of everyone in the dairy sector produces delicious, nutritious, and simply irreplaceable food that feeds more than 6 billion consumers and sustains one billion livelihoods globally.” Much will hinge on cow numbers. The rate of decline in the GB milking herd has been slowing according to BCMS data, only declining by 0.5% in April, or 8,900 head per annum. However, with pressures on margins we may see this accelerating in the Autumn. Unseasonably high grass growth is supporting cow numbers for now but farmers may need to act soon to take advantage of high cull cow prices. Current market signals are for beef prices to fall going forwards. Future success of the industry will probably continue to depend on ensuring the consumer is properly informed about the world-class standards of health and welfare achieved by UK dairy farmers, and the importance of dairy as a natural component of a well-balanced diet. The latest outlook for EU productionis for deliveries to increase 0.3% due to increased yields. They also expect growth in exports due to a competitive price point.

In contrast to the volatility seen in yields as farmers reacted to cost pressures and forage shortages, the GB milking herd has remained relatively stable. The long-term trend of gradual decline continues – though the latest data showed the smallest annual contraction in the October herd since 2017. Overall, the number of cows in the milking herd at the time of the December forecast was marginally up on the previous projection, contributing slightly to the lift in forecasted volumes– but this had a minor impact compared to changes in yields.Weekly Planner, Custom Logo, Personalised, Weekly Planner, Teacher Christmas Gift, Teacher Gift, Diary, 18 Month Planner, 2023 / 24 Diary

At the same time, agricultural input inflation is running at well over 30%, with very significant increases in feed, fertiliser, energy and labour costs.

EU are forecasting a drop of 0.2%in milk production for 2023. This is in response to a declining dairy herd and lower prices forecast to drive a decline in production in the second half of the year, despite good yield growth. GB farmgate prices rose significantly through 2022, although increases slowed in the final quarter as markets weakened. The annual average milk price in GB is expected to be in the region of 46ppl for the 2022/23 season, taking into account announced price cuts to Mar-23. This compares to an average of 33ppl in the previous season.