Banks’ estimates of their dairy farmer customers are too optimistic: economist
Dairy farmers' sustainable break-even levels are higher than their bankers have estimated, says an agricultural economist. With special audio feature.
Banks’ estimates of their dairy farming customers’ break-even levels are unrealistically low and unsustainable over the longer term, says AgFirst consulting economist Phil Journeaux.
The results of the Reserve Bank-ordered stress testing by five banks of their lending to dairy farmers showed they
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Jenny Ruth
Fri, 18 Mar 2016
Fri, 18 Mar 2016
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Banks’ estimates of their dairy farmer customers are too optimistic: economist
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