1-4 FB Alltech 500

Alltech is a global animal health and nutrition company with more than 31 years’ experience in developing natural products that they claim are scientifically proven to enhance animal health and performance. Their biggest ever Global 500 conference recently concluded and spokesperson Allie Hembree tells us how it went.  “We had a very successful global 500, this was our 4^th year doing this event, and we had over 700 dairy and beef producers from 32 countries. Dr. Lyons, who started the company, opened by bringing out some points that these producers should be thinking about during the 3 days that they were at this event.”

Paul Gardner, who is responsible for all milk and dairy ingredient purchasing at a company that purchases 3 billion dollars of milk each year, spoke about dairy demand and one of the biggest challenges for the dairy industry, price volatility. "Volatility in the market is huge when you buy that much milk but volatility is a much bigger issue for farmers.  One year you can think about investing and the next year you cannot buy Christmas presents for your kids. When farmers can invest they make short term investments because volatility prevents them from making long term investments," said Gardner.