Extreme heatwaves are threatening Italian dairy farms 🧀🐮

Extreme summer heatwaves are hitting Italian dairy farmers hard, reducing milk output by 10 per cent and threatening the supply of authentic Parmesan cheese. In Italy, farmers frequently use these valuable cheese wheels as collateral for bank loans. A drop in production could spill over into agricultural credit markets. New episodes Tuesday to Friday at 6am ⏰ Tune in to Business As Usual for more, brought to you by Halkin. Link in bio. #Shorts #Parmesan #Banking #Economy #Finance