Dairy debt to top $40 billion this season – Treasury
But it says prices will recover in mid-2018.
Dairy debt is likely to exceed $40 billion by the end of this season as farmers take on more debt to cover negative cashflow, the Treasury has revealed.
The latest data from the Treasury’s outlook for dairy paints a grim picture for the sector in the 2016/17 season.
It says farmers’ cashflow
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Jason Walls
Thu, 09 Jun 2016
Thu, 09 Jun 2016
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Dairy debt to top $40 billion this season – Treasury
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