Like fine wine, good ideas take time to develop. That is certainly the case with Xcheque's third law of economic gravity. It needed a little maturation time before we uncorked the bottle.

But here it is! Dr Hauser has found the time to put fingers to keyboard again and reveal all.

Xcheque's Third Law deals with the question of supply and demand - fundamentals of economic systems until it all goes wrong and somebody gets poked in the eye.

A common theme in discussions with our dairyfarmer clients is the incredible volatility that the industry has seen in farmgate milk price and raw material costs in the past three seasons. The questions that keep coming up are "Why can't we achieve a stable price? and ... is this here to stay?".  In this article Dr Hauser discusses the volatility question further. 

This article was first published in the July 2010 edition of the Australian Dairyfarmer Magazine

 

It's interesting to see what can happen when you put a reasonable milk price and lower feed and fertiliser costs in front of dairy farmers.

While Xcheque has been busy rebuilding our website, dairy farmers around the world have been increasing milk production (at an alarming rate).

This week I thought our readers might like to catch up on the latest data for EU, USA, and Australian Milk production.

Volatility is the buzzword of the year. Recent talks between dairy farmers and government in the US and Europe have attempted to find a solution to this problem of cyclical and unpredictable milk prices. I don't have an answer to the problem here but I can report the level of variability that has been seen in the dairy markets of Europe, the USA and Australia. This blog chronicles a sort of league table for volatility over the past 15 years.  To see who has had the worst of it read on.

It has been just over a year since we launched our Xcheque 2.0 - this website that you now (hopefully) enjoy.  We thought it was timely to attend to have a family conference tropical north Queensland and take stock. 

This blog is pretty much pure self indulgence but if you want to see what is in store for Xcheque in 10/11 read on ...