Weekly Times again....., page-23

There is an eerie silence out in the dairy sector right now both on farm and in the finance, many are waiting to see what comes out of the current season and things like the MGC debacle and subsequent inquiries, many are also ingesting Fonterra's financial results and alot are looking at their own financial options at the farmgate level, external investment has cooled its heels on dairy in Australia at the moment (which impacts the likes of 1AG and AYB and other entrepreneurial start-up attempts) but funding of decent scale is still there, the GDT and where the auction trades are going, the EU quotas and what is happening up there including in the UK & Ireland as well as whether Russia will take the foot of the throat of various industries to allow trade to resume etc etc...small start-ups just aren't the flavour at the moment but I have heard their is a heightened albeit subdued and cautious interest from the aussie super sector for good dairy assets but not sure where they are looking and what they expect but would hazard a guess AYB isn't on their radar.

At least Vic is getting some decent precipitation to top up the dams, inspire deep rooted growth and soften the ground...now the farmers will probably start complaining about pugging instead of drought.