Dairy world is facing new set of the uncertainties affecting the dairy farmers, supply chain and farm input industry. This reflects on the region of Latin America as well, where additionally weather affected both feed and dairy production, while farm economics situation is worsening.

The world milk price reached its record-high level in February which is set by different drivers concerning both supply and demand. Further on, dairy farm situation is pressured by rising farm input and feed costs, labour shortage and unfavourable weather conditions.

This month’s edition of the Dairy World in 10 Minutes – Latin America Focus is brought to you by Milica Kocić, Dairy Economist. You will hear more about the main drivers for this development and how this impacts the region of the Latin America.