IFCN report: Milk production costs to stabilise

The cost of milk production have been increasing over the last 15 years. However, it is expected that the costs of milk production will decline or stabilise in the next years. This is one of the conclusions from the annual IFCN Dairy Report, published by the Dairy Research Network IFCN. The report mentions that in 2014 we had 121.5 million dairy farms and farming households on this planet, producing 778 million tonnes of ECM milk (cows and buffaloes with 4% fat and 3.3% proteins). The average d