This February the 3rd IFCN Dairy Economic Workshop successfully assembled dairy industry participants in Kiel learning about dairy economics, IFCN Methods and Models and latest dairy sector developments.

The participants from seven dairy related companies and institutions learned how to drive their business or research involving dairy sector or farmers through a better understanding of theory and approaches to dairy economics.

Under the theme “Dairy Economics is more than just the price of milk” the workshop did support the participants to learn about farm competitiveness and cost structure of dairy farms with the help of the IFCN Dairy Report 2016.