The dairy industry has proved resilient through the COVID crisis. But what of the future?
This paper looks at the dairy industry prospects over the next ten years. We find that the most important challenges are domestic supply side issues (conforming to climate change and water quality standards). How government and industry respond to these challenges will shape industry prospects. If government does not resort to corner solutions (i.e. restricting dairy from traditional dairying areas or business as usual) then the future looks bright.