Continued pressure on margins should prompt serious business planning, consultants Andersons advised visitors to Dairy-Tech
Coronavirus is starting to have an effect on global agricultural commodities, largely because of a drop in oil prices.
Store cattle prices are strengthening, with numbers sold through auction markets lower than a year ago.
Input costs have been relatively stable over the last year and that trend could continue with downward pressure on oil prices.
While tractor registrations in 2019 were up 1.9 per cent, the average tractor horsepower dropped by just over one per cent.