Falling dairy prices force share-milker's hand
The banks of dairy companies have taken action after the reducing price of milk solids affected their ability to meet debts.
Falling milk solid payments have forced an Otago share-milking business to sell up in order to pay off a debt to its lenders, Rabobank.
Last week, dairy prices rose for a third straight time after six months of declines at the GlobalDairyTrade auction.
In the past two months, however, NBR has
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Hamish McNicol
Thu, 24 Sep 2015
Thu, 24 Sep 2015
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Falling dairy prices force share-milker's hand
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