This week, after Chris’ milk market report, Will is joined by Erik Elgersma, founder and director of Strategic Analysis Services BV and John Allen, Kite Director to discuss their key take homes from the recent Eucolait workshop. John and Erik summarise the subdued short-term and more positive long-term dairy outlook around the world. They discuss the need to think about food as a strategic asset and focus on food security. Plus, how we must prepare for living and farming through climate change and move away from the globalisation of dairy, towards more regionalised supply and price management. They also discuss the need for traders to rely more on market signals rather than market sentiment. Please note: The information provided during this podcast has beenprepared for general informational purposes only and does not constituteadvice. The information must not be relied upon for any purpose and norepresentation or warranty is given as to its accuracy, completeness orotherwise. Any reference to other organisations, businesses or productsduring the podcast are not endorsements or recommendations of DairyConsulting Ltd or its affiliated companies. The views of the presenterare personal and may not be the views of Dairy Consulting Ltd. Thecontents of this podcast are the copyright of Dairy Consulting Ltd.