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Dairy Farmers Hit by Fertilizer Prices, Milk Payouts

Published 10 hours ago
Description

Dairy farmers in southern England face a double whammy: surging fertilizer prices and plummeting milk payouts. The war in Iran has pushed fertilizer costs up by 50%, while major milk processors have cut their rates. Farmers are buying now to avoid feed shortages, but this adds an extra £120 per ton. The increased input costs are straining cash flow, with some operations losing £20,000 a month. Some are turning to side ventures to stay afloat, as government officials monitor the situation.

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