21 February 2016 (17:40 UTC-07 Tango 01) 02 Esfand 1394/12 Jumada al-Ula 1437/14 Geng Yin 4714

“We’re expecting an awful lot to exit the industry by the end of this year, when lots of farmers will have eaten up their savings. Last year the figure was 4%, but the expectation is more will exit this year, whether it’s 10% or 20%!”– Rob Harrison, dairy farmer & chairman of National Farmers Union

In the past ten years 10-thousand 5-hundred dairy farms ceased to exist, and now reports that another one in five will shutdown this year!

It’s happening in the British empire (Commonwealth of Nations) member United Kingdom.

“No other industry would continue on this basis of profitability, and it’s only because we are dealing with livestock that we don’t want to have slaughtered.  But, as feed stocks run down and have to be grown and replaced, many will simply get out. Once the banks lose faith in us being able to pay them back, you will see a huge exodus.”-Nick Adames, Black Barn Farm in West Sussex

Blame deflation! Dairy farmers blame a continuing decline in what they’re being paid for their products. The Royal Association of Dairy Farmers says currently dairy ops are shutting down at a rate of five per week!

Food Crisis: Where’s the Beef, New Zealand? China to blame?