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Improvement in feed costs to lead to more favourable feed: milk price ratio

The latest Crop Estimate Committee report (CEC) showed that a total of 14.5 million tons of maize is likely to be produced in 2017. The estimated maize crop is 87% higher than the crop in 2016. As a result, maize prices have declined. This bodes well with the feed intensive industries as it suggests a decline in the cost of feed from the high levels seen during the past season. Lower grain prices have resulted in an improvement in the milk: feed price ratio. Ultimately, the decline in the grain prices as well as possible increases in the producer prices will support improved milk: feed price ratio, thereby increasing the profitability of milk production.

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GEA’s intelligent technologies for the dairy industry keep up with the latest trends

The huge interest in GEA’s smart technologies for the dairy industry at the EuroTier 2016 trade fair in Hanover exceeded all expectations. The company’s “Smart Technology for Future Farming” concept links applications intelligently to one another and in doing so, optimizes interactions between people, animals and technology throughout the milk production process. This appeals to the many modern farmers who are on the lookout for future-oriented technologies that can help them to better manage their various processes.

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